Strategist: I expect a 'very rough' 2019 that may see US stocks tank 20 percent

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'I do think we're going into a recession, I think that next year is going to be a very rough year for markets and I can see another 10 to 15 to 20 percent, and a sell-off,' said Todd Horwitz, chief strategist at investment advisor Bubba Trading.

 

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Fake news!

Wait until the year is over, anything can happen over the next couple days, including a 10% decline. Then 20% will be doubtful.

Why do CNBC reports talk about how Trump’s tariff war is crippling China as if it is not affecting our economy or our stock market at all. CNBC give’s credit to the largest stock losses in 49 years to the Fed for doing it’s job. Is CNBC Trump’s puppet?

They have already gone down 20%

(Spot on Steveba... below) this “drop” was largely engineered and politically motivated. Totally unfair (and very dangerous) to capitalism! Why aren’t you doing some investigative reporting on the trades, timing of Fed actions, etc.

The second market tank Donald wanted... it's like his milk money... it's like $7,000 less on my 401k...and that's at the 18 point whatever percent.. once we get to the 20 whatever percent it's probably going to be closer to $10,000...

We need to be careful!

QUIT SPREADING NEGATIVITY !!

Cool, back to Bush levels just to spite Obama's legacy, thanks for this Trump

Here come all democratic LIBERALS

theyve already tanked 18.9%

Ahhh,shut up already.😡🤦🏾‍♂️

OK I hate Trump but why are people excited that we are going into a recession? I’ve lived through a couple of these as an adult. It is not fun-especially for young adults w crippling student loan debt.

From when did strategists started giving free strategies about Markets future movement? The opposite always happens when such free doomsday scenario is painted.

THANKS TRUMP -- WORST DECEMBER FOR STOCKS SINCE 1931 YOU hired the Fed Chair First you criticize the FED, then the next day, you say they are doing a GREAT JOB Your erratic behavior is making people nervous You 'govern' by what FOX NEWS says. WORST PRESIDENT EVER

Back to Obama levels but the wealthy got their tax cuts.

WORST YEAR IN STOCK MARKETS SINCE 2008 Says CNBC (why aren't you braggin now?) Thanks TRUMP. YOU caused this: -Badmouthing Powell - Someone YOU hired BTW - Your 'BEST PEOPLE' are quitting or being indicted for crimes - You govern by FOX NEWS - Your erratic behavior

Bubba trading ? Come on please shut the dope heads out of your headlines

More like 9-11%. It ain't that bad, but it needs to happen

“Bubba Trading”. Sounds like a brilliant advisory shop. Where in the heck do you guys find many of these guests. Serious be credible, be better

“I do think we’re going into a recession, I think that next year is going to be a very rough year for markets and I can see another 10 to 15 to 20 percent, and a sell-off,” Horwitz said.

How did you suddenly find all these bearish strategist? What happened to all the bullish ones you have been parading for months?

AT&T is trading at a 5 P/E, is yielding 7.46% and is down 20% in a month...retail sales were up the most in more than 5 years, the Fed is on hold, rates are still absurdly low, there are more jobs than workers and unemployment is at a record low. Idiots!!!

SharonCoryell3 realDonaldTrump ...so explain to us again how the US better off under your presidency? TrumpCrash

20% decline in 2019 for what reason? Also, did the strategist buy put options against the SP 500?

The C.E.O. who called this the TRUMP SLUMP was 100% correct. No, raising the Fed rate 1/4 of a point has little to do with the slump. Trump's policies are causing economic distortions.

He's lies just to scare most players out of the market. You got to know when to hold and when to fold. Buy cheap and sell high.

I agree... I see a minimum of another 20% drop for the S&P from 2300. Cash is king and long TVIX!

Buy short

This market drop was very calculated. Market manipulation at its best. Managers shorting the market in sync = manipulation. This has nothing to do with Trump or the FED. Very easy to predict a bad 2019 under these conditions. An attempt to drive it down more. Where is the SEC?

Good. If an economic crash is what it takes to sink Trump...so be it.

Thanks Trump and all of you who drool in his presence

Another 20%?

You mean *another* 20%?

SHUTTING DOWN THE GOVERNMENT WILL NOT HELP THE MARKET

Woe Is Me The Wealthiest [1%-5%] Of America Will See A Crash & Tumbling Of Stocks = Who Gives A Flying F!!! About The Market Which Only A Limited [FEW] Prosper From =The Faulty Stock Market =Markets Aren't Made To Last Forever = The Markets Are Cyclical Nor 4-Ever WSJ Business

Would you take advice from a company called Bubba Trading? jimcramer RedDogT3 hmeisler “Speaking with CNBC on Wednesday, Todd Horwitz, of Bubba Trading, predicted that next year is going to be 'very rough.'

Will S&P dive below 2344 today? With crazy boy in the WH talking about firing Mnuchin now, it just might! I think today is another fake bounce. Keep tweeting realDonaldTrump and watch the market tank. Keep firing or losing people & watch the market tank even more!

Save America, lock up Crooked Donald.

winning

AND THEN BETO WILL LEAD THE COUNTRY BACK TO POWER IN CNBC DREAM

You’re worse than realDonaldTrump tweeting

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