After several weeks of trending downwards US markets have shown signs of a slight bounce back over t...
After several weeks of trending downwards US markets have shown signs of a slight bounce back over the past fortnight. That said, Bob Doll, president and CIO of Merrill Lynch Investment Managers, says this correction in not wholly unexplainable. Doll says the unwinding of some speculation and complacency that had been built into the markets is in part responsible, specifically around commodities-related markets. “Another reason is that investors have generally shifted from a belief that the Federal Reserve could successfully engineer a soft landing to uncertainty about the possibilities th...
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