BNP Paribas AM: Chronicle of a correction foretold
Investors have been anticipating a correction in equity markets for at least a year. But, why has a correction happened now, and what does it portend? Daniel Morris, Senior Investment Strategist at BNP Paribas, has an explanation.08.02.2018 | 14:03 Uhr
The 6% rally in large-cap US equities from the beginning of 2018 had always seemed excessive, particularly as it followed on what had been excellent returns over the preceding 12 months.
So, why has a correction happened now, and what does it portend?
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