Why I Believe the S&P 500 Could Fall to 800
It’s that time again. As we move into the always interesting month of October and fourth quarter, I expect some surprises are in store for us in the stock market, as was the case in previous years. The big difference is that the stock market has already made some strong gains, so the upside in the last quarter is debatable, given the slew of market uncertainties surrounding us.
There’s the debt ceiling deadline today, the third-quarter earnings reporting season, the Fed’s tapering, and Black Friday, an important holiday shopping season.
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