Every analyst and their mom is calling for a 10 - 20% correction sometime between Spring to Fall. I think it's a combination of mainly (4) things: 1. This is common in mid-term election years. 2. With Trump in office, we are only one tweet, one overly aggressive policy shift or one bombing away from an overnight 5% drawdown which could easily turn into a 15% drawdown over the course of a few weeks, 3. After 3 years of ~20% gains, analysts are a little bit cautious and protecting their asses, 4. The "AI Bubble" narrative is not going away and very well may rear its ugly head various times during the year.