We’ve experienced another disappointing week on global share markets with the ASX 200 Index down 3.5% for the week.
Uncertainty and nervousness surrounding when the US Federal Reserve will raise rates and slowing economic growth in China are contributing to a sizeable share market correction.
Whilst there is a high probability for further deterioration in share markets over the next month or so, fundamentals suggest we are not entering a cyclical bear market given the absence of drivers which usually precede these market conditions including an over valuation in underlying prices, monetary tightening and investor euphoria.
The attached article, Oliver’s Insights, looks at the correction we’ve been experiencing over the last few months and provides an outlook as to what investors can expect from here.
Please click here to read the full article.