A 5% to 10% correction is vital for this stock market, warns Jefferies strategist

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Need to Know: Stock-market pullback 'is absolutely necessary,' urges strategist

 

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Doesn't matter, an increase in interest rate in December deflated the bubble for 15 days. After that it was back to normal. Such a correction will either result in a bear market or it will be temporary

Agreed. If there is a BULLISH case, there needs to be a correction to remain healthy. The higher it goes without one, the stronger the reversion to the mean.

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