ilmscore | Prediction Details
"The economist David Rosenberg believes there's truth to these claims that the stock market is poised to drop saying that just like the clown at a circus who keeps blowing up the balloon at some point the balloon is going to pop and a sort of look at the stock market right now as the clown of the circus blowing up the balloon his reasoning though is a lot easier to follow as he explains the S&P 500 is up 32% in the last 12 months while corporate profits Rose just 4% means that his bare case is an S&P 500 dropping to 3,200 or a 39% drop from today's levels unless companies can dramatically increase their actual earnings."
By Graham Stephan | April 3, 2024 | Pending
From video
The Next Stock Market Crash (How To Profit) 00:08:49 - 00:09:39
Interpreted Prediction
David Rosenberg's bare case is a 39% drop in the S&P 500 to 3,200, citing market gains significantly outpacing corporate profit growth.

Prediction Details

Ticker
SPX

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