This warning was issued on march 7,. This would bring the index down to around 2,000 points, a.
Now that his call has aged very well, he returns to the program urging caution. Stocks could crash nearly 50% as a severe recession sets in, milton berg has warned.
“There Is No Evidence Of The Stock Market Ever Bottoming As The Central Banks Are Still Raising Rates Into An Inverted Yield Curve,” Rosenberg Said In Tv Interview On Tuesday.
Stocks just keep climbing in 2024, but the bears haven't been silenced and some are warning that the market is in a bubble on the verge of bursting.
With This Insight The Direction Of The Market Can Be Predicted With Higher Confidence.
Trends investors latched onto last year will fall out of favor as the market migrates to the next new thing.
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When Quiet Legend Of Technical Analysis Milton Berg First Appeared On Forward Guidance In January 2023, He Predicted A Scorching Stock Bull Market.
As of recording on february 28, 2024, berg is decidedly bearish in the face of a stupendous stock market rally.
Veteran Technical Analyst Milton Berg Had Previously Cautioned About A Possible 60% Decline In The S&Amp;P 500, Citing Concerns Of An Imminent Recession.
We might get another couple of spectacular years out of the nasdaq before it does.