For several reasons, we view this as a «standard» equity correction within an ongoing bull market. (morganstanley.com)
The best outcome would be a mild equity correction or bear market that coincided with a stable or falling rate of inflation. (hussman.net)
While it may be easy to determine that one does not want or need bonds in the midst of a rampant bull stock market run, the next sharp equity correction may determine whether you are correct in that assessment or not. (learnbonds.com)