A Recession Could Push S&P 500 to 3360 - Goldman Sachs

Berenberg Economists See 40% Probability of Recession in US and UK, Sees 20% Probability of EU Recession

Analyst Jonathan Stubbs comments "In January, we highlighted the heightened risk environment, with a long list of risks falling into four broad "buckets": 1) markets - high valuations and high margins; 2) macro - inflation, supply disruption and policy error; 3) political - elections, COVID-19 and social unrest; and 4) geopolitical. Many risks... More

'Nowhere to Find', 'Bloodbath': BTIG's Krinsky Now More Convinced S&P 500 Will First Go to 3400-3500 Than 4200

BTIGs Jonathan Krinsky believes that the S&P 500 is now closer to 3400-3500 than 4200 after yesterdays price action.

The S&P 500 fell 4.04%, Nasdaq lost 4.73% while the Dow Jones closed 3.57% lower in another bloodbath. The trigger was Targets (NYSE: TGT) shocking earnings report... More