Mike Lenhoff
Mike Lenhoff
bit decline equity global seen serious start
We've seen a bit of profit-taking (in the U.S.). I don't think this is the start of a serious decline in global equity markets.
ahead expensive market moved quite
We have probably moved ahead of ourselves. The market is not expensive but it has moved quite forcibly upwards.
backdrop earnings generally investors quarter results solid
Generally speaking, the earnings results have been good. We've got another quarter of solid growth. It suggests to me investors should not be quibbling about the backdrop of the market,