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Brian Arcese, portfolio manager at Foord Asset Management, suggests that a market correction could be healthy if U.S. economic growth and earnings stall, particularly given the high valuations of the S&P 500. He identifies potential catalysts for this correction, including slowing GDP growth and rising inflation, alongside high corporate earnings expectations. Arcese notes that while utilities remain relatively undervalued, the demand for electricity driven by data centers and AI growth presents investment opportunities.
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The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
market correction anticipated as earnings growth and economic indicators slow
07:18 22.11.2024
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