The stock market “has cracked this year”, says the strategist, and there are 2 things to watch for next
As an economic downturn weighs on earnings, companies are reviving the “trust the process” slogan made popular by the Philadelphia 76ers in the post-Iverson era. Markets, for their part, have already begun pricing in recession risks, with the S&P 500 and Nasdaq falling into bear markets this year — down 20% and 32% year-to-date, respectively …