A 'dime a dozen' dip in a healthy recovery

Market panic merchants are forgetting that the recent dips are from record peaks and, in context, still show a robust economic recovery.

The recent pull back in global stock prices looks a little disconcerting when compared with recent highs, but when viewed with a more considered perspective, the falls are of the run-of-the-Amill, plain vanilla, variety.

Share prices have taken a bit of a hit as they usually do when a central bank (in this case the US Federal Reserve) starts to signal that a monetary policy easing cycle is over and that a monetary policy tightening cycle may soon begin.

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