Société Générale’s Subadra Rajappa warned that U.S. stocks could retreat if the Federal Reserve proves less dovish than investors expect. Speaking on CNBC, she said “you could see an unwind” if markets sense the Fed is unwilling to cut rates as aggressively as priced in.-If the Fed’s dot plot signals fewer cuts than expected, equities could retreat as Rajappa warns of an “unwind.” This scenario would likely support the USD and push Treasury yields higher, while risk assets such as equities and gold could see renewed pressure. This article was written by Eamonn Sheridan at investinglive.com.