Reported 9 months ago
Stifel's chief stock strategist, Barry Bannister, predicts a possible 10% pullback in the S&P 500 in the second half of 2024. This forecast is based on concerns about overvalued markets, stubborn inflation, and slowing economic growth. Bannister warns of a challenging economic and monetary policy environment that could lead to a significant market correction, advising investors to be cautious and consider protective measures.
Source: YAHOO