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Bolton says bull market is over

Fidelity’s influential special sits fund manager Anthony Bolton says that the current bull market has run its course.

Speaking at the Securities and Investment Institute on Wednesday 24th, Bolton said of the current market volatility: “I think it could be the end of the bull market but it will take months not days.”

Bolton added: ” I’ve been more cautious in the last few weeks. The bull run has been three years plus. I have been looking at clients and stocks and what people are doing and thought this party has to end. The appetite for risk was worrying.”

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