According to an investor, in the next two months, a market correction could happen.
“We believe there is a certain probability for a market correction over the coming two months, however, there is no inevitability for this to happen. What would be required is a trigger,” Lothar Mentel, chief executive officer and chief investment officer at Tatton Investment Management, said.
After the strong stock performances in Europe and the U.S. since the start of the year, many investment managers and analysts have been talking about a market correction. Europe’s Stoxx 600 is up by about 3 percent year-to-date and the S&P 500 is up about 10 percent since January this year.
“We are approaching a peak, if we haven’t reached it already, and I think we are due a correction anyway and we’re going to be seeing some good reasons for that,” said
David Marsh, managing director of OMFIF, an…
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