Waiting for a 10% market correction? Don’t hold your breath

Posted by Ravi Gulati | Posted in Economy & Markets, Financial Planning | Posted on 03-12-2013

………………………….Bill Hornbarger, an investment strategist at Moneta Group, says a “5 per cent to 10 per cent correction wouldn’t surprise me if there was some bad earnings or economic news.” But any correction is likely to be “muted” until the Fed makes it clear when it will tighten monetary policy, he adds.

Waiting for a 10% market correction? Don’t hold your breath | Toronto Star.