Reported about 19 hours ago
Veteran hedge fund manager Doug Kass, known for his accurate market predictions, warns that the S&P 500 may face significant challenges in 2025. After impressive gains in the past two years fueled by tech investments and a shift in interest rate policy, Kass now sees a potential downturn, with forecasts suggesting a 10% to 15% drop as economic growth slows and market valuations remain high. While retail investors should remain cautious, Kass is repositioning his hedge fund for upcoming opportunities.
Source: YAHOO