A pullback in a bull market typically translates into a 10
percent to 20 percent decline for the S&P 500 over one to three
months, he said. The current drop may last a while longer as
markets adjust to an anticipated slowdown in the world economy
triggered by higher interest rates, past increases in raw
material prices and a softening U.S. housing market, he said.
percent to 20 percent decline for the S&P 500 over one to three
months, he said. The current drop may last a while longer as
markets adjust to an anticipated slowdown in the world economy
triggered by higher interest rates, past increases in raw
material prices and a softening U.S. housing market, he said.
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