As anticipated, U.S. equities and global stock markets went through a correction this summer. The move in August, in particular, was very volatile and different to all of the minor corrections that have taken place in the past few years. Remember, since 2011 there had been no correction bigger than 10%, while the bull market that started in 2009 is the third longest in history.
So was the recent correction a healthy and well-deserved break or is it the beginning of something bigger? On the following pages, we will try to find answers and provide you with a roadmap for 2016 and beyond.