Bearish Market Strategist Warns of Looming 15% Correction in Stocks

2019-5-3 02:51

By CCN: If you think today’s stock market declines were ugly, things could be about to get worse. While the Dow Jones Industrial Average and S&P 500 indexes managed to bounce off their lows of the day, they still ended in the red.

Worse, the sentiment seems to have shifted from one of optimism and record highs to selling fueled by fears of what the Fed will or won’t do. And if you ask one market strategist, you haven’t seen anything yet. Cornerstone Macro Chief Investment Strategist Michael Kantrowitz told CNBC that the stock market could be due for a

The post Bearish Market Strategist Warns of Looming 15% Correction in Stocks appeared first on CCN

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