Stocks could tumble 15% by early next year, investor Jack Ablin warns

Cresset Capital's Jack Ablin believes investors with an appetite for big risks could get burned.

Ablin, who has $5.4 billion in assets under management, warns the market is vulnerable to a significant correction by early next year." on Thursday. "The market could respond downward 10 to 15%."battled back from negative territory on Thursday. After dropping as much as 335 points, the index closed up 122 points and reversed a two-day losing streak. However, just three days into the fourth quarter, the index is still down more than 700 points and is 4.4% off its record high.

TradingNation Shirley not $TBI Airplane “Don’t call me Shirley.”

ประเทศไทย ข่าวล่าสุด, ประเทศไทย หัวข้อข่าว

Similar News:คุณยังสามารถอ่านข่าวที่คล้ายกันนี้ซึ่งเรารวบรวมจากแหล่งข่าวอื่น ๆ ได้

Stocks recover from early losses — Five experts on what to watch nextU.S. stock markets recovered from early losses on expectations the Fed would cut interest rates later this month. Stocks fell after poor ISM manufacturing numbers were reported. The low numbers could indicate the economy is gradually slowing down. Recession on the way. Companies are laying off workers
แหล่ง: CNBC - 🏆 12. / 72 อ่านเพิ่มเติม »

Jim Cramer explains how to judge this earnings season: 'Not as bad as feared'If stocks drop after the September nonfarm payroll report is released, here are some stocks investors can play, says Jim Cramer. Also known as better than expected. OooooooooKay there. What’s his current prediction on Bear Stears?
แหล่ง: CNBC - 🏆 12. / 72 อ่านเพิ่มเติม »