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From my perch, the conditions for a Bear Market/correction appear to be falling in place.
Jim Cramer says this decline seems sobering and rational, but investors need to be cautious before they commit any big chunks of cash to this market.
Blackstone CEO Stephen Schwarzman got $125.5 million in annual compensation last year, multiples of the compensation for other longtime financial CEOs including JPMorgan's Jamie Dimon and BlackRock's Larry Fink. Yet the stock's performance has lagged.
The stock market may not be done correcting. In fact, Bank of America Merrill Lynch thinks there could be another big stock meltdown.