Oliver’s Insights – The correction in share markets

Oliver’s Insights – The correction in share markets

Uncertainties regarding China, commodity prices, emerging countries and the Fed could see the correction in shares go further in the short term. A disappointing start to the Australian profit reporting season is also not helping Australian shares.

· However, this looks more like a correction than a new bear market as we have not seen the sort of over valuation, investor euphoria and monetary tightening that normally precede major share market tops.

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