Commodities flash red & fears of a stock correction loom large
From blog.hycmlab.com
China’s growth is slowing, copper prices are dropping, volatility in the VIX is rising, and Iron Ore prices falling sharply are all signs that a larger stock market correction may be due soon. A 5-10% correction is more common than many investors think and traders should be sure that risk is carefully managed. This is not a market to have lots of risk in stocks as these key indicators are flashing early warning signs. If the Fed do announce an early taper at Jackson Hole, that could be the move that brings a sharp correction in global stocks. Is the correction now underway? Traders, be alert! Other key events from ...
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