Stock Market Analyst Predicts 12% Correction Before Anticipated Summer Bull Rally
Wednesday, 3 April 2024, 12:41
Stock Market Correction Warning
A leading analyst from BofA predicts a potential stock market correction of 12% before the anticipated summer rally.
Key Points:
- No 2% Pullback in 59 days: According to data from YCharts, the S&P 500 has shown remarkable resilience without a significant pullback recently.
- Timing of Correction: Analysts believe that a correction may be overdue given the prolonged period of steady growth.
Investors are advised to be prepared for potential market volatility ahead.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.