What happens next after a 10% correction? It's all about the economy, according to Goldman.

Mega cap performance has largely mirrored earnings trends, making the continuation of strong growth critical for a resumption of the rally in these stocks, per Goldman.

Bears outnumbered Bulls by over 40% in the latest AAII survey of Individual Investors, a level of fear that exceeds 99% of historical readings. In the past, we've never seen the crowd this bearish outside of a bear market or recession.

China accounts for more than half of global ship deliveries

Consumers are extraordinarily pessimistic about business conditions, with 60% saying that the environment will be worse one year from now. That's the worst such reading that I've seen in the Conference Board data set going back 45 years!