The headwinds are building, and a 2015 stock market correction could be coming soon.
And Money Morning Capital Wave Strategist Shah Gilani told viewers of FOX Business' "Varney & Co." he "wouldn't put it past the markets turning in the first quarter."
The stock market today is shaping up for a surge, but Gilani said these moves up are merely a "dead cat bounce." The Dow Jones has had two triple-digit plunges this week already.
Central bankers can only try to "paper over" the markets' weaknesses for so long. At some point, their easy money efforts and low interest rate policies will become overwhelmed.
And then, a stock market correction will take hold.
Gilani said he is "very negative short term" and "isn't hopeful." To get his take on the coming 2015 stock market correction, and when he sees markets reorienting themselves, check out the video below.
2015 Isn't Going to Be a Happy-Go-Lucky Year. Gilani said the 2015 stock market is in for a very volatile year. If you want to protect yourself against violent swings in the market across all asset classes, you'll want to read this...