Home » General World News » Wall Street is in full agreement about one key element of the stock market — and that could cause the next big meltdown

Wall Street is in full agreement about one key element of the stock market — and that could cause the next big meltdown





trader red screen

  • Much of Wall Street is in agreement that the 10% stock market correction last month was actually healthy for the stock market.
  • One investment strategist argues the cleansing effect of the selloff wasn’t as pronounced as many are making it out to be.

It’s amazing what difference a month can make.

Around this point in February, on the heels of a 10% stock market correction that caught many investors off-guard, doomsayers across Wall Street were sounding the alarm on inflationary fears.

Bond yields were spiking, wage inflation was climbing, and many experts cited quicker monetary read more >>>

Source:: BusinessInsider.Com

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