RE:GoldmanSachs warns 10% market correction to buy stocks cheapWhatever Goldman Sachs motives may be it seems that the market has been in denial of the possibility that the coronavirus will have a much larger impact on the Chinese economy and the world economy than previously thought..up to now the US market has discounted the effects of the virus and the possibilities of it spreading however as the number of new cases in Japan and South Korea increase it seems that containment may be faltering... the market is now extended far beyond what the fundamentals support and this together with lackluster 4th quarter earnings reports suggest that a healthy correction may happen... accordingly, Goldman Sachs warning should not necessarily be just interpreted as a deceptive ploy .. furthermore a high ranking Fed official pointed out yesterday on CNBC that the market's expected rate cut in the near future may not happen..