How much further is the Federal Reserve willing to let stocks slide? That’s the burning question of the moment for financial markets, and Greg Jensen, co-chief investment officer at Bridgewater Associates, has an answer: as much as 20% more.
That’d put the S&P 500 below 3,500, or close to where it was before the Covid-19 pandemic began two years ago. The benchmark U.S. index closed Wednesday at 4,350.
"much" - Google News
January 27, 2022 at 01:14PM
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Bridgewater: As Much As 20% Drop in Stock Market Before Fed Blinks. S&P, Dow, - Bloomberg
"much" - Google News
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