Home Business Citi predicts market correction because too many novice investors are jumping in

Citi predicts market correction because too many novice investors are jumping in

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A trader works inside his post on the floor of the New York Stock Exchange.

Brendan McDermid | Reuters

Stocks are hovering around record highs amid strong second-quarter earnings results, but Citi believes the market is vulnerable to a 10% correction, thanks to novice investors piling into speculative technology names.


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