Analyst who forecast stocks rally resets outlook after tumble
The longtime Wall Street analyst updates his take on the stock market.
Obtain a stare at a lengthy-term chart of the stock market; it goes up and to the appropriate. It is a unfamiliar memoir in case you zoom in on the brief term.
The very fact is that whereas stocks absorb returned an common of about 10% since the unhurried 1950s, they've taken all forms of zigs and zags, pops and drops alongside the formula.
Many is seemingly to be remembering that level more no longer too lengthy ago.
What's Your Reaction?
