Investors are expecting a pullback for stocks before year-end, Deutsche survey shows

The S&P 500 is up about 18% since the start of the year, the tech-focused Nasdaq is also higher by about 19% over the same period. And, in Europe, the Stoxx 600 has risen 17% since January.Respondents in the survey said that the Covid-19 pandemic is still their top concern going forward, but higher-than-expected inflation came second.

Its monthly poll, conducted in early September and covering over 550 market professionals worldwide, showed that 58% of respondents are expecting a correction between 5% and 10% before the new year. In addition, 10% of other respondents expect a correction higher than 10%., off the back of a rally for speculative tech names.

I call B.S.

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

U.S. Stock Market Faces Potentially Bumpy Autumn, Wall Street Analysts WarnInvestors have pushed the S&P 500 to 54 record closes in 2021. Some observers caution that there could be pullback or, at the least, flatter returns. nice A pull back… it’s due for a smack down INVESTORS NEEDS TO BE MORE CAUTIONS, BE PREPARED TO LOSE. VALUE INCREASE ONLY NOT FOR LONGER PERIOD. NEED INVESTMENTS TO INCREASE WEALTH, EMPLOYMENT. NEW WEALTH CREATION POSSIBLE WITH ADDITIONAL INFRASTRUCTURE, MANUFACTURING,AGRICULTURE, SKILL DEVELOPMENT, INNOVATION, CREATIVITY.
Source: WSJ - 🏆 98. / 63 Read more »

Barclays adds ‘very cheap’ global stocks to its inflation-beating listBarclays has added seven new stocks to its European value basket, which it says is well-placed to provide investors with a hedge against rising inflation.
Source: CNBC - 🏆 12. / 72 Read more »