Citrini: US Stocks Haven't Peaked Yet, but 10%-15% Corrections May Become Frequent in the Coming Months

According to Odaily, top investment research institution Citrini stated in its latest article that US stocks have not yet peaked. The recent market correction is essentially a delayed flush of some highly crowded and overleveraged momentum stocks. Fundamentals still support the market's continued rise in late summer, but over the next 3 to 4 months, drawdowns of 10%-15% from cyclical highs will become more frequent.