Stock market forecasts are getting grimmer as recession risks loom. Here are the latest calls from Mike Wilson, Jeremy Grantham, Jeremy Siegel and other experts.
."This is a golden opportunity to use this bear market rally to de-risk in advance of potentially very painful losses over the next six, nine, 12 months.
"I can see some further pressure in the short run," he wrote."For now, it remains prudent to have a cautious near-term outlook on stocks, but I'm still very bullish longer term.""The bear-market rally in stocks rolls on, yet much of the good news around Federal Reserve rate hikes, declining headline inflation and lower real interest rates has been discounted,"
"With much optimism priced in, especially around the sustainability of low interest rates that support extreme valuations, we are entering a dangerous phase."Investors are headed for disappointment amid the ongoing stock market rally because earnings expectations are too optimistic,"If there is one thing that can throw cold water on the large mega cap rally it's higher yields due to a Fed that can't stop hiking as soon as perhaps some investors are expecting...
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