What Wall Street pros are saying about the stock market rout 🤕

Some good 📈, some bad 📉, some ugly 🥴

2022 has been a rough year in the stock market.

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.