Investors Take Fright at the Idea That Stocks Can Go Down
Wall Street CEOs’ warnings come after a blistering rally from April lows.
This article is for subscribers only.
Join Balance of Power on Bloomberg TV and Radio from 5 p.m. to 7 p.m. ET tonight for an election-night special. We’ll cover key US races in a special extended edition of the program, and analyze what the results could mean for global markets and Washington.
Wall Street CEOs have a vested interest in being bullish on the stock market, so when they start talking publicly about a 10% pullback, people pay attention.