New investors to be challenged by market pullback
“While this is good news, what many investors don’t really appreciate, especially those new to the market, is that the fall and subsequent rise that unfolded between February 2020 and now is unprecedented and abnormal, as the market has never behaved like this in the past. “Given this, the increased number of investors who have jumped into the market since the March 2020 low are yet to be challenged.” Gillham said history dictated that if the stockmarket was bullish in the first quarter of the year, it would likely end the year in positive territory. “Over the last 70 years, statist...