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Brace for a 2nd wave in stock-market volatility — and this one could be ‘Lehman-like,’ says Nomura

Mark DeCambre
Brace for a 2nd wave in stock-market volatility — and this one could be ‘Lehman-like,’ says Nomura

A rally in stocks on Tuesday may take shape after an ugly Monday selloff but any rebound ought to be treated with skepticism and as preparation for the next wave of selling, warns one quantitative analyst at Nomura.