There is still considerable debate about whether the bear market has yet set its low. Certainly, if the U.S. economy is headed for a deep recession, stock investors will face additional, significant downside risk. Several smart bears on Wall Street suggest the S&P 500 could decline to about 3,000—or -25% from today’s level—as analysts are forced to cut earnings estimates….
Lows Are “Possibly” In…
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Uncertainty to Give Way: Lower Valuation Levels Rarely Last
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With 4,000 On the Record Books, What Now?
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The S&P 500 (SPX) bottomed in March of 2009 at 666, the Devil’s Bottom as it has become known....
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J.P. Morgan Special Report: Wait for it
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Markets are fundamentally volatile. No way around it. Your problem is not in the math. There is no math to...
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