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The number of bears is growing

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profitraven.com

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srmr@e1.profitraven.com

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Wed, Jan 11, 2023 02:00 PM

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| Senior Analyst Morning Brew Stocks kicked off the new year on a positive note, with the S&P 500 cl

[Silver Ridge Market Report Logo] [Privacy Policy]( | [Advertiser Disclosure]( Senior Analyst Morning Brew Stocks kicked off the new year on a positive note, with the S&P 500 climbing 1.4% last week. The index is now up 8.9% from its October 12 closing low of 3,577.03 and down 18.8% from its January 3, 2022 closing high of 4,796.56. Meanwhile, the market’s many bears got more company. Michael Kantrowitz, the chief investment strategist at Piper Sandler, expects the S&P 500 to tumble to 3,225 by year end, Bloomberg reported on Wednesday. This call makes him the most bearish of Wall Street’s top stock market forecasters. Byron Wien, the legendary former chief investment strategist at Morgan Stanley and current vice chairman at Blackstone, warned on Wednesday that financial markets could slide during the first half of the year before rallying again. “Despite Fed tightening, the market reaches a bottom by mid-year and begins a recovery comparable to 2009,“ Wien wrote. Will the bears be proven right this year? Maybe. But the fact that so much of Wall Street is bearish may actually produce the opposite result. Will the consensus be right this time with their bearishness? We’ll only know in hindsight. We do however know that the stock market goes up in most years. And longer term investors should remember the odds of generating a positive return improves for those who can put in the time. [Privacy Policy]( | [Advertiser Disclosure]( [“Diversification Is For Dummies”]( Market Wizard Larry Benedict is one of the most successful investors you’ll ever meet… But he doesn’t invest the traditional way. His approach has nothing to do with “buy and hold.” And it flies in the face of everything a financial planner would ever tell you. [He reveals everything in this interview…]( [Click Here Now]( [Privacy Policy]( | [Advertiser Disclosure]( 406 Media and Silver Ridge Market Report, is not giving individualized financial advice. Never invest more than you are willing to lose. 406 Media or Silver Ridge Market Report is not giving financial, investment, or stock advice. Our content is designed for generalized informational purposes only. If you have specific questions about investments or stocks you should consult a financial advisor. Articles, News, Or Other published materials are not always the views of 406 Media and/or Silver Ridge Market Report. If you feel you are receiving these emails in error please email Support@SilverRidgePro.com or click the unsubscribe button below. 30 N Gould St, STE R, Sheridan WY 82801 This e-mail has been sent to {EMAIL}, [click here to unsubscribe](.

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