Article Images: Oliver Renick and Investors Caption

article images: TD Ameritrade's Oliver Renick just joined the chorus, according to Market Watch. What's disconcerting is that it's remarkably easy to imagine a series of events that by nature should not necessarily pose great risk, but taken together could cause some major shocks to the S&P 500 due to current investor positioning, he explained in a post on Linked In this week. But with each uptick, and each unsettling headline, there seems to be an increasing call for caution. He pointed to this Soc Gen chart, in which he marked up not with a Sharpie to show what he considers the most troubling for investors Caption outside of wrapper for normal article images A sharp market repricing should be the fattest swan on that diagram, Renick continued. What could cause such a ripple Renick painted this bearish scenario The economy improves enough so that the Fed doesn't cut rates, investors get spooked, assets pull back in a highly-correlated march, no cash pours in from the sidelines and the bottom falls out. The greatest risk to investors, the economy, and the tenuous state of geopolitics, is the price of the S&P 500 SPX, 0.29% . That does not mean it is the most likely risk what it means is that the ripple effect of a sizable selloff in stocks right now is monstrous. (news.financializer.com). As reported in the news.