Posted 4/16/2024, 10:38:00 AM
Market Forecasters Predict Stock Plunge and Rebound Before Election, Then Post-Election Crash
- S&P 500 expected to plunge 30% to 3,500 points, then rebound before election due to Fed intervention
- Crash predicted after election, potentially an 80% correction taking S&P 500 back to 2010 levels
- Concerns include high inflation, increase in bankruptcies and defaults, foreign wars, banking issues
- Signals to watch for coming crash S&P falling under 5,000, yield curve deinversion
- Other noted market forecasters also warning of impending doom for stocks/economy