On Friday, the S&P 500 broke a 7-week losing streak, the index’s longest since 2001.
Concerns about a slowing economy and tighter monetary policy from the Federal Reserve have been at the center of this decline. Last week’s rebound likely has some investors wondering if the worst is over for stocks, and asking if we’re set to see a comeback similar to what followed the pandemic-induced bear market of 2020.
One strategist, however, doesn’t see the ingredients for this kind of rebound in the…
Source link
