***UPDATE*** The stock market is officially in a correction......

***UPDATE***
The stock market is officially in a correction... here's what usually happens next

• "The average bull market 'correction' is 13 percent over four months and takes just four months to recover," Goldman Sachs Chief Global Equity Strategist Peter Oppenheimer said in a Jan. 29 report.
• But the pain lasts for 22 months on average if the S&P falls at least 20 percent from its record high — past 2,298 — into bear market territory, the report said. The average decline is 30 percent for bear markets.
• The last week of stock market drops has taken the S&P 500 into correction territory for the first time in two years.

https://www.cnbc.com/2018/02/08/the...rection--heres-what-usually-happens-next.html