2024-07-15 23:16:56 +0300
Chaos Is Becoming the Rational Base Case in Market Ruled by Fear
Bloomberg
By Lu WangAsk paid stock forecasters what the market will do next, and the answers aren’t reassuring. Anything from plunge 12% to jump 32%, say S&P 500 strategists tracked by Bloomberg, among the widest ranges on record.
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Such a breadth of outcomes is, to state the obvious, useless for anyone trying to form an investment case. But given the number of variables facing investors right now, it’s probably also appropriate.
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