Why Investors Should Be on Correction Watch This May: Allianz's Mahajan

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By Victor in Business
Updated 3 years ago

It may be the early innings of May, but one top strategist is predicting a bumpy month for stocks. Equities bounced back Wednesday after a sell-off Tuesday. Growth stocks, the hardest hit, have fallen 1% in just four trading sessions, and they could be in for more pain, said Mona Mahajan, senior U.S. investment strategist at Allianz Global Investors.

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