Deutsche Bank sees significant market pullback in the next three months

A pedestrian passes in front of a statue of a bull in the Wall Street area in New York City.Expect a significant pullback in stocks in the next three months, as gauges of macroeconomic growth reach their peak this summer, according to Deutsche Bank's chief U.S. equity strategist.

Binky Chadha warned clients in a note published Monday that he forecasts a "significant consolidation" in equity markets in a range between a decline of 6% and 10% as economic growth levels off. He and Deutsche Bank measure cyclical macroeconomic growth with the Institute of Supply Management's manufacturing index.

ISM growth "typically peaks around a year after recession ends, right at the point we would appear to be," Chadha wrote. Historically, "the S&P 500 sold off around growth peaks by a median -8.4%, but even episodes which saw the ISM flatten out rather than fall, saw a median -5.9% selloff."

Sure when everything is going right something must go wrong:)

Anything can happen in the market and expect the unexpected. No one can see the future but nothing wrong for being ready for anything. The higher the market goes the closer it will be to a sell off. You will never get caught by closing your trades each day.

next three months? how bout 3 weeks? just setup a weekly margin call schedule & be done with this

Feel like I read this article in January

BlackRock is getting ready for StockMarket crash!!! Offloading stocks and getting cash ready!

While their number one customer is indicted for tax fraud

Thanks, that means full steam ahead, v bullish sign for the market in the next 3 months.

BS

Lol aka “we have puts and need to do what we can to see it thru. Let’s fear mongers”

Heard credit suisse had a pullback.

Bitcoins investment are the fastest rising system of investment where you can change your financial status in a matter of seconds. You can start up a long term earning program for you and your family. DM for more info

of course they do, pump the brakes, then buy more

Haha, liars

Pro Thank you but I can't take advice from a bank that has been involved in so many dirty dealings. I don't trust their character so I don't trust their advice

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

Why a pullback for stocks might be fast approaching, according to Deutsche BankA pullback for stocks might be fast approaching, Deutsche Bank says. The key in the late summer and autumn will be whether inflation sustains or accelerates, and how the Federal Reserve reacts. I don’t think that’s all that likely, especially if by that time the Biden Infrastructure plan gets passed by congress, fueling one of the largest job booms in years. Replacing ALL lead pipes across the country would alone give companies coast-to-coast a huge influx of money/jobs germbanks sheesh we spoke about this LOL
Källa: MarketWatch - 🏆 3. / 97 Läs mer »

Deutsche Bank sees a short-term trade opportunity in Ford ahead of earningsNew for subscribers: Deutsche Bank sees a short-term trade opportunity in Ford ahead of earnings. Check out CNBCPro today. Pro Why dont you cover some serious news, crooks! Let me help you 🤡🤡🤡
Källa: CNBC - 🏆 12. / 72 Läs mer »