Market is showing signs of a bottoming process, strategist says
Portfolio Pulse from
Nationwide's Chief Market Strategist Mark Hackett suggests the market may be entering a bottoming phase after a swift 10% correction in the S&P 500, which occurred in just 16 trading sessions. The discussion centers around potential recession indicators and market stability signals from recent retail sales data and options market activity.
March 18, 2025 | 11:30 am
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The S&P 500 index experienced a quick 10% correction, potentially signaling a market bottoming process according to Nationwide's strategist.
The news directly discusses the S&P 500's recent price movements and potential market stabilization, suggesting a neutral short-term outlook.
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