Veteran Strategist David Roche Warns Markets Could Be at a ‘Turning Point' Toward a Bear Market

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Veteran strategist David Roche warns the recent volatility could be pointing toward a bear market, rather than a temporary speed bump in a continued bull run.

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the pandemic — such as government financing of both household and corporate balance sheets — are set to be"slowly withdrawn."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the pandemic — such as government financing of both household and corporate balance sheets — are set to be"slowly withdrawn."

 

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