“Stocks could crash 25% with Fed rate hikes set to trigger a recession before the end of 2023, strategist says”
July 6, 2023
“…US stocks could crash 25% from their current levels with the Federal Reserve’s aggressive interest-rate hikes set to plunge the economy into a recession before year-end, according to FS Investments’ chief market strategist… “From our perspective, there’s probably only 3% to 5% more upside left in this rally as it runs out of air or support, and there’s potentially as much as 20% to even 25% downside from here as… the Fed continues to hike,” he told Yahoo Finance on Tuesday…”
https://finance.yahoo.com/news/stocks-could-crash-25-fed-172410852.html
It’s not that stocks “could crash.” Stocks WILL crash because the Fed wills it. The question is when? The Fed is going to keep raising interest rates until there is a recession — A.K.A. the market crashes. The excuse for doing so is inflation. I have news for you Fed. Your inflation cycle is outdated. People like me are going to alert the masses.