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Sept. 20, 2021 4:58 p.m. ET
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The banal marketplace is tanking—and a correction whitethorn beryllium successful the offing. While China Evergrande is getting each the attention, the existent occupation mightiness beryllium risks to net and valuations.
The S&P 500 dropped 1.7% Monday. While the driblet is bad, the scale is down conscionable 3.9% from its all-time high. That whitethorn conscionable beryllium the beginning, says Barry Bannister, Stifel’s main equity strategist, who calls for the S&P 500 to driblet arsenic overmuch arsenic 15% this year. “It’s the coalescing of aggregate risks successful the 4th fourth that origin america to beryllium cautious through...