"Portfolio Manager Predicts Potential Market Correction Amid Growth Concerns" Brian Arcese, a portfolio manager at Singapore-based Foord Asset Management, highlighted the possibility of a market correction if U.S. GDP growth slows and inflation rises. He noted that markets have been "overvalued for some time." While stocks are projected to grow by 11% in 2025, falling short of these expectations could trigger a market pullback, he explained. Market Correction on the Horizon? Key Catalysts to Watch In an environment marked by high market valuations, two major factors could act as catalysts for a market correction. Brian Arcese, portfolio manager at Singapore-based Foord Asset Management, highlighted this during an interview with CNBC's Squawk Box Asia. He noted that markets have been "expensive for quite a while," with the S&P 500 up about 23% year-to-date and a price-to-earnings ratio exceeding 27, making it overvalued by many.... if you want to know more click below 👇 the link
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