Skip to Content
Commentary

Is the Market 'Due' for a Downturn?

Maybe. Maybe not. Just don’t fall prey to the Gambler’s Fallacy.

The U.S. stock market has been growing for more than a decade. Is it due for a prolonged downturn? I won't speculate on that, but I will say that a lot of people seem to be falling prey to the Gambler's Fallacy when discussing the market today.

Fallacy: A false or mistaken idea (Merriam Webster)

To view this article, become a Morningstar Basic member.

Register for Free