The Chief Strategist: Economic Situation Still Looks Robust
Last week was quite a roller coaster ride for markets. Worst week in 2 years for
US stocks and even worse in Asia.
Chief Strategist in Jyske Bank, Ib Fredslund Madsen: We still see the last few days as corrections in a market that was overbought, euphoric and high-priced. The fundamental economic situation still looks robust, but we expect market jitters will continue for a while yet.
Chief Strategist in Jyske Bank, Ib Fredslund Madsen: We still see the last few days as corrections in a market that was overbought, euphoric and high-priced. The fundamental economic situation still looks robust, but we expect market jitters will continue for a while yet.