U.S. stock pullback stokes fears of more volatility
Brian Reynolds
“Equity investors are beginning to become so concerned about the potential downside for stocks that they are starting to irrationally pay up for short-term protection when longer-term protection is cheaper ” Brian Reynolds  asset class strategist at New York-based Canaccord Genuity  said in a note.
“We expect this one will have a similar outcome ” said  Reynolds .
But much will depend on how the trading session ends   Reynolds  said.
“If it were to close in this fashion  it may lead to a further multi-week pullback in stocks ” said  Reynolds .
“Equity investors are beginning to become so concerned about the potential downside for stocks that they are starting to irrationally pay up for short-term protection when longer-term protection is cheaper ” [TGT]asset class strategist at New York-based Canaccord Genuity  said in a note.
“We expect this one will have a similar outcome ” said  [TGT] .
But much will depend on how the trading session ends   [TGT]said.
“If it were to close in this fashion  it may lead to a further multi-week pullback in stocks ” said  [TGT] .