Fidelity suggests stockmarkets may bounce "soon"

Professional Adviser
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Intermediaries might finally be able to reassure clients that stockmarkets will improve in the comin...

Intermediaries might finally be able to reassure clients that stockmarkets will improve in the coming months, but not until the end of the 3rd quarter, suggests Fidelity Investments. John Ross, Portfolio Strategist at Fidelity Investments, says he is uncertain when the bear market will eventually turn and is likely to "bounce" again. However, the bulk of US company reporting for the second quarter - which heavily influences our own markets and which investors expect to be negative - will be over by around August 14, so investors might expect to see improvements in both confidence...

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