With a generation of new market participants, used to falling rates and rising markets, Rick Bensignor, founder of Bensignor Investment Strategies, says they will have to get used to ‘normality’ as markets return to higher levels of inflation.
Bensignor does not see a rout in indices and expects the S&P 500 to trade around the current levels. To this end, any move lower would represent a buying opportunity.