S&P 500 Stock Market Bear Mark Yusko Forecasts Massive 2019 Downturn

2019-6-1 11:06

By CCN: Morgan Creek Capital CEO Mark Yusko doesn’t think we’re headed for a bear market. He says we’ve been in a bear market since last September. Furthermore, Yusko forecasts the stock market will be down double digits for 2019 by year’s end.

Really enjoyed this session w/ #TheJudge @ScottWapnerCNBC and the Investment Committee on @HalftimeReport today. Nothing like some spirited dialogue & debate about markets to end the week Morgan Creek Capital CEO maintains $SPX going down double digits https://t. co/ZhtH4tXU0d — Mark W. Yusko (@MarkYusko) May 31, 2019 That’s what Yusko told CNBC’s audience on Fast Money Halftime Report

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Wall Street Wonder Warns of Growth-Pocalypse, Looming Recession

By CCN: Stocks in some sectors are teetering on the brink of a bear market, and one Wall Street veteran believes it’s going to get worse. Mark Yusko, who is at the helm of Morgan Creek Capital Management, says that the bears are already out and stocks are going to finish the year lower by a double-digit percentage, according to his interview on CNBC.

2019-5-23 03:30