Global stocks to correct in short term as inflation weighs – Reuters poll

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By Hari Kishan BENGALURU (Reuters) – Global stock markets are expected to correct in the next three months as investors digest the fact that interest rates are likely to stay higher for longer, according to a Reuters poll of equity analysts. The Feb. 10-22 Reuters poll of more than 150 strategists, analysts and fund mangers covering 17 global stock indices, found that 56% were expecting their local market to fall in the next three months. A total of 48 out of 86 respondents said the chances of a correction were either high or very high. The remaining 38 said low or very low. The poll showed a …

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