is already on track for its worst year since 2008, but these analysts suggest things may get much worse.Technically, the S&P 500 has been in a bear market since its Jan. 3 peak of 4,797, after which it fell nearly 24% before seeming to hit bottom in June and rebounding."We do not think the bear market is over," Morgan Stanley analysts wrote in a note this week.
The analysts think the S&P — currently hovering around 3,980 — likely falls at least another 15%, to 3,400, during the fourth quarter. The index could even collapse by 25%, falling to 3,000, if the economy slips into a recession, they added.Goldman Sachs stock market analysts called the June to August rally, in which the S&P rose more than 17%, a "bear market rally," in a note published yesterday.The bottom line:
This is not good for leftists.
They want a recession so bad because they want to justify low wages and anti union policies
'We think demand for bears will only grow higher as people discover the smaller, domesticated variety'
Good 👍 keep them low
Not halfway there yet.
Why would it be over so quickly? Very silly.
I.E. we are short as fuck and we need to unload before they expire
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