(Bloomberg) -- More financial advisers are predicting
a so-called correction in the U.S. stock market than at any other
time in almost a decade, according to Investors Intelligence.
The percentage of newsletter writers who said they expect a
10 percent slide in U.S. stocks during the next 12 months jumped
to 32.6 percent last week, New Rochelle, New York-based Investors
Intelligence said. That's the highest since August 1997 and up
from 25.8 percent a week earlier.
Read more at Bloomberg Stocks News
a so-called correction in the U.S. stock market than at any other
time in almost a decade, according to Investors Intelligence.
The percentage of newsletter writers who said they expect a
10 percent slide in U.S. stocks during the next 12 months jumped
to 32.6 percent last week, New Rochelle, New York-based Investors
Intelligence said. That's the highest since August 1997 and up
from 25.8 percent a week earlier.
Read more at Bloomberg Stocks News
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