Warms bells are called on the Wall Street Stock Exchange: Get ready for landing

A group of major Wall Street companies have warned investors of an imminent shock in the American stock markets, calling for a great decline with the collision of highly high stock assessments with deteriorating economic data.
The “Morgan Stanley”, “Deutsche Bank” and “Evekor” warned that the “Standard & Poor’s 500” index will witness a decrease soon in the coming weeks and months. These expectations come after a sharp rise from its lowest level last April, which pushed the index to unprecedented levels.
Mike Wilson, a strategic analyst in Morgan Stanley, expects a 10% correction this quarter, as a result of the influence on consumers and corporate budgets.
While Julian Emmanuel, from Evekor, expects a larger decrease of up to 15%.
Parag Thaati, an analyst at Deutsche Bank, said that the slight decrease in stock prices was expected due to its continuous rise in more than 3 months.
These invitations come amid increasing concerns about the American, after data last week showed an increase in inflation as well as poor job growth and consumer spending.
It is historically known that the stocks pass their weakest periods in the year specifically during this period. Over the past three decades, the Standard & Poor’s 500 index recorded its worst performance in August and September, when he lost 0.7% on average every month, compared to gains of 1.1% on average during other months, according to data collected by “Bloomberg”.