Axa says equity markets will decrease and slow

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Investors should not expect the bull market to return too soon, says Axa Investment Management, as U...

Investors should not expect the bull market to return too soon, says Axa Investment Management, as UK equities are likely to decrease in value again next year. Senior investment strategist Nigel Richardson predicts the equity bubble will not totally burst, however there is some concern that investors will see fleeting rallies in the UK and US markets as an indicator of upside potential. Richardson says he believes shares may now have returned to "fair value. But cooling housing price inflation and slowing consumer spending are likely to reflect true confidence in the equity market...

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