January 2016

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This is also good to know:

"Although equity selloffs do coincide with most recessions, large selloffs do not necessarily presage recessions," they note, citing four key reasons that stocks may move differently to U.S. growth.1. Industry composition in the S&P 500 vs. the U.S. economy

Goldman Sachs: 4 Reasons Pullback in Stocks Doesn't Signal Recession

While no one can say whether a 20 percent correction will occur in the interim, Goldman does not see that happening. "We don't think you can get those kinds of negative numbers unless you're expecting a recession, and our view is that the U.S. economy is actually on a solid footing," she told "Squawk Box." "All these worries about secular stagnation or shocks from China are not warranted."

Why this sell-off may not be 'the big one': Trennert