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Market Correction Coming Because Fair Value 'Just Isn't There' In Stocks Right Now | Ted Oakley

Wealthion - Be Financially Resilient

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The S&P Is Down 8% From Its All-Time High

The very wealthy are sitting on huge cash balances, which they're now getting 5% interest rate on. The bottom 80% by and large doesn't have very much money in the bank. This is probably not a new bull market. We've had a 20% bounce off the October low. That doesn't mean life is over. But it does mean probably a substantial bear market or at least you can't expect good positive returns from these levels in the market.

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