8 March 2017

Weekly Insights From The FNArena News Desk 06/03/17

Amongst ongoing bullish sentiment, and market commentary, Canadian strategists at Canaccord stand out with a less optimistic outlook for US and global equities. Their view is based upon what they describe as the Three Steps and a Stumble rule.

History suggests whenever US interest rates are being raised three times in a row, with no rate cut in between, US equities experience a pull back, possibly even a (serious) correction, and are most likely to end up flat (unchanged) twelve months later.

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