The S&P 500 index has tumbled in the last few days to dangerously 5061, amidst the geopolitical conflicts and tensions. Wall Street analysts are expecting the S&P 500 to tumble 30%, recover, then suffer a historic crash. They predicted
that the Federal Reserve would shore up the market before the election. But then the economic and geopolitical forces would cause a market collapse after the race ends.
Rate Cut Delay: Will S&P Drop Below 5000?
Federal Reserve Chair Jerome Powell said firm inflation during the first quarter had introduced new uncertainty over when and whether the central bank would be able to lower interest rates later this year.
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Will S&P 500 drop below 5000?
Is a short term correction or the end of bull market?
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