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Worst Yet to Come For Stocks?

MRKT Matrix

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The S&P 500 Year End Target of 4,000

Easy Fed policy and tightening credit conditions typically equate to the worst phase for stocks. Our US equity strategy to continue to forecast an S&P 500 year end target of 4,000. The likelihood of the NASDAQ at this point making new lows without some really big event unforeseen would be really hard for me to contemplate.

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