Stocks could fall 40% to 50% to reach fair value: Morgan Street Capital

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Investors, brace yourselves: Stocks could fall 40% to 50% to reach fair value, with recession in first half of 2019, Morgan Street Capital says.

 

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50% would mean a global depression.

It can reach that before Christmas

ablondemoment35 Saw this coming from a mile away

TapestryofPeace The ride is over, easy come easily goes at the drop of a hat. Only the really smart ones knew when to take the money and RUN!!

I’ve got the Wine ready for this..

Unfortunately business has incorporated greed. I’m a big stock holder. Well it’s our retirement. Why do companies have so many directors making big bucks, lavish trips and perks. Our small local water company pays for its directors insurance and they take nice trips

This implies all stocks are overvalued. Absurd.

Hahahahahaha. Only if the Fed sabotages Trump with increasing rates too fast or the Dems screw it up.

Totally agree. It might happen starting now

What in the name of fake news

No

Down another 5% and he'll be buying with both hands. As soon. as the market turns negative CNBC trots out the ever gloom and doom bears. When it rallies they slink back into their holes. If they knew what the mkt was going to do they wouldn't tell you.

Do the opposite of what everyone on Wall Street wants you to do

Fair value? Give me a break. What a scam

But I thought we had the “ greatest economy ever!”

Interesting prediction. Did Yusko sell all stock in September? Did he trail the S&P by 10% in 2017 and 25% in 2016?

Whot the F is Morgan Street? Is that like JT Marlin? Or Goldman shacks?

Bit light. More like 70-80%. Vastly overvalued.

Buy crypto BTC XRP as fast as you can

Here we go

And they said 20% was impossible a few weeks ago.. ✌🏼🤣

CNBC hoping for a recession soon, just a daily reminder

Id day the general rule is there will be a massive recession within two years of the Republicans passing a massive tax cut. That’s about how long it takes businesses to buy back their stock and give them more flexibility to radically alter their business plans.

Ouch

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