The S&P 500 could plunge and a mild recession is likely this year, Paul Dietrich said.Getty Images The S&P 500 is at risk of plunging 44% to around a four-year low, Paul Dietrich said. The top strategist explained that selling stocks well before they crash can yield outsized returns. Dietrich predicted a mild US recession […]
Tag: forecaster
Forecaster ‘flabbergasted’ by massive Moab avalanche
MOAB, Utah (ABC4) — A forecaster with the Utah Avalanche Center said he was flabbergasted by the second-largest avalanche he had ever seen over the weekend. In a video posted on Sunday, Jan. 4, Eric Trenbeath said 11 inches of snow and one inch of water fell in the Gold Basin area near Moab within […]
5 reasons the stock market rally will broaden in 2024, according to forecaster who nailed 2023’s surge
Photo by Cindy Ord/Getty Images for Yahoo There are five reasons the stock rally will broaden out to more names this year, Tom Lee said. Lee had the most accurate stock market outlook for 2023, accurately forecasting a big year of gains. A dovish Fed, a loosening housing market, and improving equity inflows will push […]