August 25, 2015 / 5:28 AM / 2 years ago

BUZZ-Global bull market is ageing but not finished - Citi

** Global bull market is ageing but not finished - Citi

** Says only a few indicators are in red compared to 2000 and 2007 phases

** Adds valuation, global equity risk premium, U.S. yield curve, earnings growth, leverage still positive

** MSCI World index is down 12.3 pct from its peak on May 22

** Monday's slump puts multiple equity indexes including S&P 500 and Dow Jones in correction

** Falls come amid global growth concerns after China devalued yuan to support its economy

** Stock with high free cash flow, dividend yields and traditional defensives usually outperform during such bear phases (RM: abhishek.vishnoi.thomsonreuters.com@reuters.net)

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