Stocks Down 5%, S&P Below 5000: How Much Lower Will Markets Go? | Lance Roberts & Adam Taggart

Stocks Down 5%, S&P Below 5000: How Much Lower Will Markets Go? | Lance Roberts & Adam Taggart

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Publish Date:
20 April, 2024
Category:
Financial Planning
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WORRIED ABOUT THE MARKET? SCHEDULE YOUR FREE PORTFOLIO REVIEW with Thoughtful Money's endorsed financial advisors at https://www.thoughtfulmoney.com

Well, the relentless bull rally that began in November is over.

Stocks fell hard this week, with the S&P breaking below 5000 on Friday. It's now down nearly 300 points from its all-time high, which it hit just 3 weeks ago.

How low is this pullback likely to go?

Portfolio manager Lance Roberts and I discuss just that in this week's Market Recap, as well as sticky inflation, rising bond yields, lackluster retail sales and the dangerous warning the NFIB data is sending about jobs.

And as usual, Lance shares the trades his firm made this week.

For everything that mattered to the market, watch this week's Market Recap.

#marketcorrection #bondyields #bearmarket
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