Your Money Could be At Risk After Top Wall Street Analyst Warns of Major Market Correction

September 15, 2017
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There have been a healthy amount of analysts out there who have been saying that a market correction may be in order. Well according to one of Wall Street’s top analyst’s, Louise Yamada, that correction should be just around the corner. Via cnbc.com

In an interview with CNBC, Yamada said that “the run from 2009 to 2015 was probably the completion of an entire part of the bull market. We had a pretty decent corrective trend, it wasn’t a cyclical bear, but it was close,” said Yamada. “But we’re running about 18 months without even as much as a 10 percent correction.”

“You had one [correction] in 2010, you had another in 2011, so I think maybe we’re overdue for something. We’ve started to see, periodically, negative divergences that make you a little suspect as to whether the market may be due for some kind of pullback, more than just 2 percent.”

If her projections are correct, then we should be seeing that pull back anytime now, so be on the lookout.

Read more at cnbc.com.

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