When asked about the market outlook heading into mid-March, Wall Street veteran Marc Chaikin said current conditions appear to be unfolding much like the prediction he outlined a year ago.
Chaikin, the founder and CEO of Chaikin Analytics, has more than 50 years of experience in the stock market and is known for blending fundamental and technical analysis. His current warning is rooted in the presidential election cycle, one of the market’s longest-tracked seasonal patterns. Historically, he noted, the second year of a presidential term—often called the midterm year—has been the weakest stretch for equities.
