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Tom Winnifrith Bearcast: Looking forward to 2018 It is not if but when the stockmarket suffers a major correction

By Tom Winnifrith | Sunday 31 December 2017


 


I start, as ever, in Greece and with a book written in 1951. Humour me as I travel to Monemvasia. This is is about how we humans can interpret two sets of data and arrive at a conclusion that is understandable but proves utterly wrong. And that brings me to the state of the stockmarket. I explain six reasons why, for me, a correction is a when not an if but also why it may not be the end of the world.

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