The U.S. stock market, as well as most of the global stock markets, have entered into a “Correction”. A Correction is a series of stock market declines over several days or weeks leading to a 10% to 20% decline from a stock market high. The stock market typically recovers from a Correction in a relatively short time of 3 to 12 months. As of today, we do not see any system-wide issue so large as to cause the market to slide further into a “Bear Market” which is a decline of 20% from a stock market high. Our insight is also supported by strong consumer spending and business profits as further explained in The “Heat Map” section.