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The stock market has seen an increase in volatility over the past week, and although this is one sign of a possible market downturn, WTIM Investment Professional Steve Henry doesn't believe this alone is a sign of a larger market correction. Henry does warn though that there's many things going on that signal the end of a bull market on the horizon.
Henry appearing as a guest on the Newstalk WTIM Morning show, and likened the current market environment to the dot com bubble of the late 90s. He says he's seeing a lot of behaviour now, that he saw right before the dot com market corrected itself.
Henry says you are seeing many companies have stock prices that don't make much sense when you look at their actual income, and that this is one sign of a market correction on the horizon.
Henry also pointed to volatility in the stock market sitting at an all time low. Although there has been increased volatility in the markets the past week, Henry doesn't see this as a sign of a full blown market correction.
You can get more information on Steve Henry's approach to investing, contact information, and listen to his complete interview by clicking on the WTIM Investment Professional Icon at TaylorvilleDailyNews.com.
