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2016 First Quarter Macro Outlook: Another Stock Market Correction in a V-Shaped Quarter
April 19, 2016
The S&P 500 finished Q1 up 1.4%, with this modest number belying the huge volatility that occurred intra quarter. In fact, the S&P 500 began the year with its worst start ever, falling 5% within the first four trading days. The market bottomed in mid-February with a 13% peak to trough loss, its second correction in less than a year. John Longo, Beacon Investment Advisory Services’ Chief Investment Officer, will review the events from the first quarter of 2016 and discuss the firm’s outlook for the remainder of the year.