According to Michael Mullaney, Boston Partners , the US stock market index Dow will pull back 3 to 5 % in the short term due to strong earlier which requires some correction and also the market sentiments got effected by the perceived delay in congressional confirmations for Trump administration appointments. Mr. Mullaney thinks that the stocks are good in the long term. he also think the their will end of bull really in the bond market as the yields are going down and their could be a minor migration of fund from bonds to stock but will not be a major trend. He also think that US Dollar strengthening will impact the commodity markets.
Mullaney: US Stock Market Pullback of 3%-5% Warranted – Bloomberg
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