The tweet was deleted by the author.
But we saved everything 🙂.
Another 20% S&P 500 collapse unlikely after recent decline, for the record notes
For the record, industry influencer, challenges the prediction that Kevin Warsh’s confirmation will trigger another 20% drop in the S&P 500. The statement points out that markets have already experienced a 20% drawdown last year and argues that, outside of major crises, historical patterns do not suggest consecutive significant declines in the post-war era.
James E. Thorne has previously criticized the Powell-led Federal Reserve for increasing the burden on U.S. taxpayers and resisting oversight of the central bank, according to a recent article. Thorne has also pointed to high-frequency data showing continued spending by Americans, with inflation expectations remaining steady, as outlined in a separate report. These comments follow ongoing debate around major policy actions and market outlooks.
This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.
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