6 raisons de penser que la bourse va baisser

1.  US – failure to raise debt ceiling: political deadlock, government shutdown, weak confidence hurts growth.

2.  Europe – political breakdown raises tensions: e.g., antireform government in Italy, political unrest in Greece, antieuro sentiment in core countries amid recession.

3.  Global growth weakens on spill over from a shock in one economic region: e.g., EM lags amid failure to reform, Europe fails to return to growth, slowdown in the US.

4.  Disorderly sell-off in core rates: concern over excess money printing leads to a bond and risk asset sell-off .

5.  China – non-performing loans: rising NPL’s on bank balance sheets constrain credit availability and growth.

6.  Middle East tensions escalate and push up oil prices.

Source : Deutsche Bank