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Stock Market Crash: Expert Says S&P 500 Due For 10% Drop, Weak Returns

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The chief strategist at a $1.5 billion firm breaks down why stocks are staring down a period of weak returns in the months ahead as investors misjudge the recovery — and says they are also mistaking how the Fed will react to inflation

He also argued that the economic recovery is fully priced into stocks at the moment, while bond yields still don't reflect this outcome.could"easily" rise to 2% by the end of 2021 from their current levels of 1.65%, he said.

Another indicator that stocks are due for a greater pullback and heightened volatility is the fact that the

 

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