More importantly, market corrections are normal. "This past week of stock market volatility is overdue, as we are in the early stages of this bull market, which involve sharp rallies, like we saw so far this year, that are then punctured by sharp corrections, like we are now experiencing," says James Demmert, chief investment officer at Main Street Research. "These corrections are healthy and resets and normalizes stock prices and sets the market up for another run to new highs."

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