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Using long-term cycle analysis, history suggests that the current market retracement is part of the big picture for the lifecycle of the bull market.
IGTV’s Jeremy Naylor caught up with Akhil Patel from PropertyShareMarketEconomics.com to discuss this. Notwithstanding the root cause of the pullback, Patel was already on record with IGTV that the prediction of a drawback in the equity markets was in place for the first half of 2022.
Patel says unless the war turns nuclear, which is likely to turn everything on its head, he believes that this retracement may last into Q2, but then the bull market will continue.
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