Autumnal woe: A 'mean reversion' on cards?
Warnings from Wall Street about market getting "toppy" are piling up; excess returns may be over for good
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SOMETHING'S got to give. That's the feeling on the US stock market recently as the late-summer rally turns into an early-autumn wobble.
US stocks fell slightly last week as investors adjusted to the Federal Reserve's plans for steady interest rate hikes.
The central bank said its rate-hike plans are justified by strong economic growth and gradual inflation, even as it warned that a trade war between the US and China could spoil this economic utopia.
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