#MarketPullback It is a temporary drop in prices in the financial markets, generally between 5% and 10%, that occurs after a period of sustained growth. It does not necessarily indicate a change in trend, but rather a healthy correction within a bull market. Common causes include profit-taking, unfavorable economic data, or geopolitical events. Although it can generate uncertainty, many investors see these pullbacks as buying opportunities at lower prices. However, differentiating a pullback from a trend reversal is crucial for making strategic decisions. In 2025, factors such as interest rates, monetary policy, and global trade tensions are contributing to these movements. For investors, staying calm and following a strategy based on solid fundamentals is key to navigating these periods without making impulsive decisions.

Current market – Context and scenarios

At the beginning of June, global indices, especially the S&P 500, reached key levels (≈ 6,000 points), recovering from a 20% drop experienced after tariff tensions. The rise has been driven by a strong labor market (139,000 new jobs in May) and investor confidence that drives purchases after the declines.

However, signs of overbought conditions persist: fund flows are reaching levels that in the past preceded corrections of ~10% and most indices are above their moving averages. Analysts warn that a technical pullback could come in the next few months, although the overall trend remains bullish, with moderate gains projected for 2025.