The "Doom Loop Is Coming Back" - Deutsche Bank

``In a note released overnight by DB's Sebastian Raelder titled "No further upside for 2016: we downgrade our year-end Stoxx 600 target to 325" from 380 and currently at 338, cited by some as the reason for today's sudden reversal in European equities, the strategist turned very bearish on Europe, citing the latest FOMC minutes as a reason for increasing risks with fears that the market will re-enter the "doom loop" from a more hawkish Fed to a stronger dollar, lower oil prices, higher HY credit spreads and lower equity markets. ''