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Summary | 4 Annotations
Peter Garnry said two weeks ago that global stocks were headed for a correction in the second half of the first quarter. While the head of equity strategy at Saxo Bank didn’t get the timing exactly, his alarm bells on the run-up in equity markets were on point.
2018/02/06 01:48
, Garnry says the declines are likely to be short-lived
2018/02/06 01:48
The S&P 500 Index fell 6.2 percent in two days, its biggest such decline since August 2015, after yields on 10-year Treasuries climbed to a four-year high of 2.84 percent
2018/02/06 01:49
Still, Garnry says it’s too early to predict a bear market.
2018/02/06 01:49