Speaking with CNBC on Monday, Roche explained that"all the good factors" that drove economies during the pandemic — such as government financing of both household and corporate balance sheets — are set to be"slowly withdrawn."
Veteran strategist David Roche warned the recent volatility could be pointing toward a bear market, rather than a temporary speed bump in a continued bull run. He explained that"all the good factors" that drove economies during the pandemic — such as government financing of both household and corporate balance sheets — are set to be"slowly withdrawn."