This last week global equity markets have bounced around but have not repeated the declines of late January. Does that mean we have so soon seen the end of this short/sharp correction?
Of course, I don’t know. My recent Monthly Briefing comments in summary were that we were seeing a ‘sensible’ correction and not pessimism that was anticipating a grinding recession. So I would allow a ‘maybe yes’ in answer to that question.
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