Stocks just traded like they do right before recessions begin — and one of Wall Street's biggest bulls warns a 'big test' of the worst-case scenario could fail
Stocks just traded like they do right before recessions begin — and one of Wall Street’s biggest bulls warns a ‘big test’ of the worst-case scenario could fail
The so-called Santa rally was nowhere to be found at the end of 2018.
Instead, investors endured a 20% correction from mid-September peak through Christmas Eve. Not only was it driven by fears of an economic recession, its scope was eerily similar to the sell-offs that preceded prior economic calamities, according to RBC Capital Markets.
Data from the firm showed the median drop in the S&P…
View On WordPress
















