Why RBC's Calvasina Says Stock Market Pullback Is Long Overdue

Core Viewpoint - A short-term pullback in the broader US equity market has been long overdue according to Lori Calvasina, head of US equity strategy at RBC Capital Markets [1] Group 1 - The current market conditions suggest that a correction is necessary after a prolonged period of gains [1] - Calvasina emphasizes that the equity market has not experienced a significant pullback for an extended time, indicating a potential for volatility [1] - The analysis points to various factors contributing to this anticipated market adjustment, including economic indicators and investor sentiment [1]