• U.S. equities have enjoyed a strong 2021 with the S&P 500 more than doubling from its 2020 lows.
• Growing evidence of troubling market risks have emerged.
• Expect market volatility to rise as these risks and high valuations weigh on investors.
In their latest commentary, the Cetera Investment Management Team discusses the recent stock market volatility. They continue to see primary risks facing investors including peak economic growth, inflation less transitory than the Fed anticipates, and slowing growth in China. All this creates more uncertainty for investors with stock markets already possibly priced for perfection.