The “Doom Loop Is Coming Back” – Deutsche Bank Sees “No Further Upside For European Stocks”
by Tyler Durden
ZeroHedge.com
05/23/2016
“In January, we projected that the Fed rate hike would lead to increased financial stress and falling equity markets; this, we argued, would lead the Fed to turn more dovish, which – in turn – would allow equities to rebound. This has played out. Yet, the Fed relent has been partial – and the latest FOMC minutes point to increasing risks that we will re-enter the “doom loop” from a more hawkish Fed to a stronger dollar, lower oil prices, higher HY credit spreads and lower equity markets.”
The Rest…HERE
