While the market’s deep drop put investors on edge, we see the correction giving way to a renewed advance in share prices.
Equity markets gave investors a rough ride from a late September peak all the way to a Christmas Eve capitulation. There has been something of a revival since then, but opinions are divided as to whether this will prove to be anything more than a brief respite from a downturn/bear market that will reassert itself within a few weeks or months. We are in the camp that holds this has been a correction that will give way to a renewed advance in share prices.
Click here to read more