The Dow Jones Industrial Average crossed the bear market milestone on Wednesday, down more than 20% from its recent high, marking the end of one of the longest bull markets in history.
David Kostin, Goldman Sachs' top U.S. equity strategist, warned Wednesday morning that stocks may have another 15% to fall.
“Both the real economy and the financial economy are exhibiting acute signs of stress,” he wrote hours before the Dow plunged to bear levels.
Hiç yorum yok:
Yorum Gönder