Market Retreat Illuminates Fears Below the Surface

For many investors, the moves reflect the mixed economic data and weak global economic backdrop that’s confounded investors this year. But for some, there’s fear that a bigger selloff may be in store.

“All it takes is one shock to trigger another violent sell off, or worse… the end of the greatest debt-fueled cycle on record at a time when central banks are effectively out of ammunition,” said Luke Patterson, CEO and chief investment officer at Avidian Wealth Management, in a Tuesday report.

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