Stocks look dangerously overvalued and are at risk of a sharp correction – Deutsche Bank
Repost from 9-15-2021
“US stocks are priced for perfection following a robust year of post-pandemic earnings growth, but high valuations suggest a sharp market sell-off could be imminent, according to a Thursday note from Deutsche Bank.”
USAGOLD note: This article is a follow-up to our post on Monday that five major banks, including Deutsche Bank, have issued warnings of “a storm brewing” in the U.S. stock market. The other four are Goldman, Morgan Stanley, Citigroup, and Bank of America.