David Rosenberg Warns S&P 500 May Plunge 27%, the Worst Is yet to Come

Written by on October 22, 2022

  • The S&P 500 might plummet another 27% to around 2,700 points, David Rosenberg has warned.
  • He ruled out a market bottom anytime soon, and said "Black Monday" made him an eternal pessimist.
  • The veteran economist slammed the Fed, touted bonds, and issued a grim outlook for 2023.

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