The Senior Strategist: Market gropes for direction
The week ahead is rather thin when it comes to important investor events. That means that the equity market will continue to grope for direction, says Jyske Bank Senior Strategist Ib Fredslund Madsen.
Following a rather negative week for equities Fredslund repeats that what we see at the moment is a correction and not a trend reversal to a bear market.
That said Fredslund is not sure that the market has bottomed out yet.