THE FTSE Bursa Malaysia KLCI (FBM KLCI) together with the Dow Jones and all major indexes have been bullish over the last seven years. Since the 2008 subprime crisis in the US, markets have been on a virtual uptrend right up to now. It hasn’t quite ended, and here lies the skittishness.
After the seven-year run, most investors are getting nervous. Is this uptrend going to continue or is an impending correction just around the corner?
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