Global stock markets, which have been on a record-breaking spree, may be on the verge of a correction, according to a leading research firm. What Happened: Ned Davis Research (NDR) has cautioned that the current market conditions could lead to a correction, reported Business Insider. While the firm’s chief global strategist, Tim Hayes, believes that a bear market is not imminent, he has warned that prolonged market enthusiasm could make it vulnerable to potential corrections. Hayes pointed out that the DSI Global Sentiment Composite recently hit 84%, the highest level in nearly a year. When th…
