BEARISH
“Inflation! interest rate! Decline!” Wall Street's “Most Accurate Analyst” This Year: The Market Faces a Triple Impact
https://www.moomoo.com/hans/news/post/10968438?src=3&report_type=market&report_id=590037&is_recommendation=0&is_recommend_pos=0&futusource=news_headline_list&skintype=3&main_broker=WwogIDEwMDgKXQ==&level=1&data_ticket=f1dd4799f3f97cac7bff22fdc9e19726
“However, judging from history, the bulls are likely to experience months of pain in the future. The Bank of America team studied 19 US stock market bears over the past 140 years and found that the average price fell 37.3% and continued for 289 days. If the past was a prelude, then this bear market should have bottomed out on October 19, and the S&P 500 will drop to 3,000 points — coincidentally, this is the same downward target predicted by Felix Zuraf, a former member of Barron's Roundtable last December.”
https://www.moomoo.com/hans/news/post/10968438?src=3&report_type=market&report_id=590037&is_recommendation=0&is_recommend_pos=0&futusource=news_headline_list&skintype=3&main_broker=WwogIDEwMDgKXQ==&level=1&data_ticket=f1dd4799f3f97cac7bff22fdc9e19726
“However, judging from history, the bulls are likely to experience months of pain in the future. The Bank of America team studied 19 US stock market bears over the past 140 years and found that the average price fell 37.3% and continued for 289 days. If the past was a prelude, then this bear market should have bottomed out on October 19, and the S&P 500 will drop to 3,000 points — coincidentally, this is the same downward target predicted by Felix Zuraf, a former member of Barron's Roundtable last December.”
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KingNY-Life : Adjust to the first quarter of next year
steady Pom pipi OP KingNY-Life : There are two more interest rate hikes this year. I hope it will get better later.
KingNY-Life steady Pom pipi OP : Not only raising interest rates, but brothers also have shrinking tables, which will reduce liquidity by $95 billion a month and will continue until the end of the year. Without liquidity, the stock market can only fall. Raising interest rates will increase institutions' capital borrowing costs, so the market is unlikely to rise.
steady Pom pipi OP KingNY-Life :