Most pros believe the next 20% market move will be down, not higher, Citi investor survey shows

CNBC/Patti Domm/6-29-2020

graphic image simulating a bumper sticker reads "2020 presidential election"“Since the last survey in March, the managers have shifted their view of who will win the White House. Former Vice President Joe Biden is now expected to win with 62% expecting it, a sharp reversal from December when 70% expected President Donald Trump to win. Views on who would win were split evenly in March.”

USAGOLD note:  Some would say that a 20% correction is on the light side given the kind of economic numbers being generated these days.

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