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DBS: Modest equity correction expected within “intact bull market”

While global equities have rebounded, DBS believes a modest correction is still due, with the bank calling the market “suspiciously fearless”. “There seems to be little fear – gold and the Chicago Board Options Exchange volatility index [VIX] retreated,” the bank said in a recent report. “But we continue to expect a modest correction within an overall intact bull market….

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