- Jeremy Grantham, Michael Burry, and other market gurus expects stocks to fall further.
- Grantham and Burry both forecast the S&P 500 will drop by at least another 50%.
- David Rosenberg expects a 19% fall in the benchmark index from its current level.
Jeremy Grantham, Michael Burry of “The Big Short” fame, and other investors and commentators have warned stocks could tumble a lot further before the current downturn is over.
These market veterans, who fully expected asset prices to retreat, have cautioned that rising interest rates and stubborn inflation could spark further declines and drag the US economy into a
Here’s a roundup of their comments on the recent market slump:
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