The year of the correction

The year of the correction
Have the last couple of years just been a mistake? (Image: Deposit Photos)
Paul McBeth
Every new epoch seems to be given a name, so it’s surprising that nobody’s coined the latest bout of market turbulence ‘The Great Correction’.January has delivered a pretty steep fall in equity markets, but it’s hardly the fear and loathing we felt back in 2008/09 during the depths of the global financial crisis, and it's nowhere near the absurdity of the covid crash in March 2020.People have been saying it’s been coming for a few years and, true to form, the bears may just get it right as they inevitably...

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