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“Stocks correction of 5%-10% likely by year-end: Deutsche survey”

“…An equity market correction of 5%-10% by the end of the year was the overwhelming consensus in a September market sentiment survey published by Deutsche Bank on Monday.

According to the report, conducted from September 7-9 and covering over 550 market professionals globally, 58% of respondents said they expected an equity selloff by year-end.

COVID-19 was still considered the biggest risk to market stability, with 53% of survey participants citing concerns over new virus variants that bypass vaccines. This was followed by higher-than-expected inflation…”

https://finance.yahoo.com/news/stocks-correction-5-10-likely-071504383.html

Covid is not the risk. The lockdowns are the risk. It’s very simple. Businesses can not make money if they are closed. That’s just the facts.

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