Chaos Is Becoming the Rational Base Case in Market Ruled by Fear - Bloomberg

2022-07-16 00:20:05 By : Mr. Lulu Wang

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Ask paid stock forecasters what the market will do next, and the answers aren’t reassuring. Anything from plunge 12% to jump 32%, say S&P 500 strategists tracked by Bloomberg, among the widest ranges on record.

Such a breadth of outcomes is, to state the obvious, useless for anyone trying to form an investment case. But given the number of variables facing investors right now, it’s probably also appropriate.