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My Personal Finance Journey

Personal finance observation, musing and decisions in a journey toward financial independence by 36 with at least $1 million.

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Is a Correction Brewing?



SmartMoney threw out two articles, Is a Correction Brewing? and A March Massacre?, both warning that a market correction is in the making. The first article also features opinions from a number of top market insiders. Bill Gross is most pessimistic, saying "[Stocks] are relatively high. One of my favorite measures is the Q ratio [of stock-market value to replacement costs]. The Q ratio suggests stocks are significantly overvalued relative to plant and equipment." (Barron's, Jan. 19)

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