What Wall Street pros are saying about the stock market rout 🤕
Some good 📈, some bad 📉, some ugly 🥴
The stock market has hit a rough patch.
That might seem like an understatement. But believe it or not, the 15.7% drawdown the S&P 500 has experienced from its January all-time high to its intraday low on Monday is not far from the average move in an average year. Indeed, encountering short-term volatility on the path to long-term gains is what investing in the stock market is all about.
Below, I round up some of what Wall Street’s top strategists are flagging to their clients1 amid the stock market rout. Many of you will recognize that much of what’s being said is in line with the long-term themes we continually discuss here at TKer.
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