The Perspective on a Potential 1Q20 Equity Market Pullback

After a historic rebound in 2020, the question investors are asking the most is are we heading into year-end correction? The short answer is I’m expecting equity markets to begin a correction, or at least a pause, in the early part of 1Q21. However, I caution investors from overreacting to a pending pullback.

As I have mentioned from time to time, Peter Lynch, Fidelity’s star manager of the Magellan Fund between 1977-1990, had excellent advice for investors when he stated “Far more mon...

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