“I wonder if you could explain in some more detail your (important) remark that 'we could see a number of 20% plus corrections'.”

David Fuller's view Sure.

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A number of these are to be expected following a 4-year bull market which saw particularly strong gains for many stock market indices from mid-November until well into this year. For instance, The Philippines is currently bouncing following a reaction of 23% from last month's peak.

Also, stock markets have probably commenced a lengthy, somewhat more turbulent ranging period which Fullermoney has forecast, as investors discount the pros and cons of US quantitative easing (QE), prior to the eventual winding down of this policy. Additionally, somewhat slower global GDP growth, while it persists, will affect corporate profits for a number of companies.

I have issued similar cautionary statements for a number of weeks, including in the Audio.