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After a euphoric move to the upside that Donald Trump claims credit for, the market seems to have peaked in January and entered a corrective phase. Volatility in the markets is up but not beyond the norm if we take a longer perspective.  What is less “normal” is the fact the 2017 had no volatility.

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Yes! But from what level?

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Vincent Fournier, CFA, is a portfolio manager at Claret Asset Management, in Montreal.