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The S&P 500 (^GSPC) just had its worst week since March 2020, and Wall Street isn't confident the selling is over.
Citi head of US equity strategy Stuart Kaiser wrote in a note to clients on Sunday he sees "ample space to the downside" for stocks.
Kaiser said worst case scenario tariff outcomes still haven't been priced into earnings estimates â or stock valuations. Similarly, should the economy truly be set to slow to the recessionary levels some fear, the stock market hasn't properly pr...
>>> Read more: Wall Street experts warn stocks have 'ample space' to continue cratering as Trump team digs in on tariffs
Citi head of US equity strategy Stuart Kaiser wrote in a note to clients on Sunday he sees "ample space to the downside" for stocks.
Kaiser said worst case scenario tariff outcomes still haven't been priced into earnings estimates â or stock valuations. Similarly, should the economy truly be set to slow to the recessionary levels some fear, the stock market hasn't properly pr...
>>> Read more: Wall Street experts warn stocks have 'ample space' to continue cratering as Trump team digs in on tariffs
