Oliver Mangan: Strap yourself in as market corrections bring volatility

Concerns about a rise in new cases of the coronavirus in parts of the US and a fresh outbreak in China triggered talk of a ‘second wave’, have dented market confidence. Picture: Behrouz Mehri/AFP via Getty Images

Stock markets were due a correction after the major gains posted in the last three months, in particular since mid-May. It duly arrived over the past week, with big falls in equity prices. This is likely to herald a much more volatile period ahead for markets.