A 'meaningful correction' is 'necessary and overdue'
Focus on healthcare and energy
Evan Bauman of Legg Mason
US stocks suffered their first quarterly decline since 2015 for the three months ended in March as volatility returned to the market after an extended hiatus.
The threat of inflation and accompanying higher rates, as well as growing tensions over US trade policy, were the catalysts that knocked equities out of their upward momentum. Coming into 2018, we expected...
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