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    What Will the Stock Market Do Next?

    by Vitaliy Katsenelson, CEO and CIO, Chartered Financial Analyst (CFA), Investment Management Associates Feb 08, 2018 3 minutes

    America is a great country, but the U.S. Constitution doesn't guarantee always-rising markets. For those investors who are scared about the big drops and volatility that the stock market has been experiencing lately, I sat down and I wanted to write a reassuring message. I wanted to express my empathy. Somehow, I found that my reservoir of empathy was empty: After recent declines, the market is still up 20-something percent from the beginning of 2017.

    And then I stumbled on Ray Dalio, the billionaire hedge fund manager at Bridgewater, and Michael Wilson, chief equity

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