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Stock-market strategist Hayes Martin has good and bad news for stock market bulls.
First the bad: The decline that began in late July/early August will eventually take between 8% and 13% off the market averages, Martin says. (The S&P 500 is underwater in August already.) The good news, he adds, is that the coming decline will not spell the end of the bull market and the start of a new bear market.
Martin,…
