Below is a synopsis of this investment report:
- Several market participants believe that a correction in the equity market is imminent, solely because we have not experienced one in almost three years.
- One possible reason why a correction has eluded the market could be that it has paid to buy the dips in equities, and investors that have supported the market by doing so have profited nicely.
- If the strategy of buying into market dips continues to work, we may not see a correction for some time as long as the economic data continue to point to slow and steady growth.
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