Deutsche Bank's Chadha Says 3%-5% Pullback Is 'Overdue'

The video discusses the current state of the equity market, highlighting the concept of a 'wobble' due to an overdue 3-5% pullback. It explains that such pullbacks are normal and occur every two to three months. The rise in investor positioning, especially among discretionary investors, is noted as a factor in the market's current state. The video also addresses the SPX outlook, emphasizing the importance of a market correction to return to normality after significant repricing. Future market projections and a soft landing target are also discussed.

What is considered a normal pullback percentage in the equity market?

• 7-10%

• 1-2%

• 3-5%

• 5-7%

How often do 3-5% pullbacks typically occur in the market?

• Every two to three months

• Every six months

• Every month

• Once a year

What has been the trend in investor positioning recently?

• Horizontal growth

• Vertical growth

• Stable

• Decline

What is the current SPX outlook target mentioned in the discussion?

• 4000

• 5000

• 4500

• 5500

What is suggested as beneficial after the recent market repricing?

• Continued growth

• Increased volatility

• Further market decline

• Return to normality