Deutsche Warns Of 10% Decline as Market Reaches “Mania” Level
by Tyler Durden
ZeroHedge.com
Sep 10, 2016
Realized volatility in the US equity markets has been extremely low, and much discussed, but, as Deutsche Bank’s David Bianco warns this is “the quiet before the storm.” There are five catalysts for increased vol through Autumn but most worrying is the “High P/E, Low VIX” scenario is very risky having reached “mania” levels.
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