Three things could cause a ‘second wave’ in the market sell-off

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One Wall Street strategist is warning that three factors could trigger the stock market’s next sell-off before the end of May and push the major indexes to lows as the summer season gets under way.

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The combination of mounting recession fears, bets on a more cautious Federal Reserve and a regular uptick in market volatility at the end of May may be too much for equity investors to withstand, wrote Nomura strategist Masanari Takada.

“Investors should be focused on the potential downside for…

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