Reported 2 months ago
Following a significant global sell-off that affected U.S. stocks, portfolio manager John Belton describes the market outlook as 'relatively healthy.' He notes that while the market had been priced for perfection, recent economic adjustments, such as a cooling labor market and shifts in the currency trade, led to a necessary correction. Belton emphasizes the ongoing reliance on economic data and raises concerns about whether company earnings estimates will meet expectations.
Source: YAHOO