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Forbes: Some Experts Are Warning of A ‘Bear Market Rally’ – Here’s Why Stocks Could Hit New Lows
By: Christine von Liederbach
September 1, 2022
Article by Sergei Klebnikov in Forbes
Despite an earnings season marked by profit warnings from major companies, the stock market has risen significantly from its low point on June 16, with the S&P 500 gaining roughly 12% and rallying for the last three weeks in a row.
Analysts at Bank of America argue that it’s “premature to declare a ‘big low’ in the market,” predicting more downside ahead and advising investors to remain “tactically cautious,” especially as …….
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