Bull markets tend to peak with a whimper, not a bang — but a 15% correction for the S&P 500 may be next

Key Takeaways

• Bull markets tend to peak with a whimper, not a bang — but a 15% correction for the S&P 500 may be next.
• Unlike bear-market bottoms, which typically end with a spasm of despair as traders throw in the towel, bull-market tops are far more gradual and less dramatic.
• Unlike bear-market bottoms, which typically end with a spasm of despair as traders throw in the towel, bull-market tops are far more gradual and less dramatic.