Yes, really: The main risk to equities in the coming quarter is that V-shape recovery expectations suddenly return with a vengeance, yield curves steepen and concerns rise that the Federal Reserve is too easy.

Makes sense in the context of this market, but still, SMH.

Comments comes from a Jeffries report, more:

  • Equites can continue to rally on the re-opening dynamic while governments and central banks will remain wary of removing stimulus prematurely since they remain hyper focused on the deflationary impact of the lockdowns.

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Jefferies Group is a US investment bank & financial services company.

Yes, really: The main risk to equities in the coming quarter is that V-shape recovery expectations suddenly return with a vengeance, yield curves steepen and concerns rise that the Federal Reserve is too easy.

Fed head Powell