Business | Market pullback may be coming, says Capital Link CEO
Capital Link International CEO Brett McGonegal. Photo: CNBC screen grab
Capital Link International CEO Brett McGonegal. Photo: CNBC screen grab

Market pullback may be coming, says Capital Link CEO

Brett McGonegal, CEO of Capital Link International, believes the stock market may drop 5% to 10% in Q2 before rallying

April 3, 2017 4:19 PM (UTC+8)

Capital Link International CEO Brett McGonegal expects the stock market to drop 5% to 10% in Q2 before rallying at year end.

“I think we get a pullback in the market as people have been long awaiting the execution side of the Trump administration,” he said on CNBC’s Street Signs. “I believe that you have had a lot of anticipation. The story’s been told and now we’re on to execution.”

 

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