Musk, Burry, Grantham warn of pain for stock market, US economy

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 21 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 51%

Россия Новости Новости

Россия Последние новости,Россия Последние новости

Elon Musk, Michael Burry, and Jeremy Grantham warn stocks may slump and the economy could suffer. Here are 5 experts' warnings of what lies ahead.

"While the most extreme froth has been wiped off the market, valuations are still nowhere near their long-term averages," the market historian and GMO cofounder said.

The veteran investor said the S&P 500 would most likely drop 23% to around 3,200 points this year or next, and spend some time below that level. He also suggested the index could plunge 50% in real terms from its peak at the start of 2022.Musk raised the prospect of a severe economic downturn during Tesla's latest earnings call, and warned fear could send stocks spiraling downward.

Мы обобщили эту новость, чтобы вы могли ее быстро прочитать.Если новость вам интересна, вы можете прочитать полный текст здесь Прочитайте больше:

 /  🏆 729. in RU
 

Спасибо за ваш комментарий. Ваш комментарий будет опубликован после проверки

Россия Последние новости, Россия Последние новости