The catalyst behind the reversal of fortune was the shift in Fed policy from interest rate increases to cuts for 2024. While markets wrongly priced in such a pivot ... to be bear-market lows ...

Finally, there is an even gloomier example of what can follow a Fed pivot. In August 2007, global credit markets were freezing ... working through that monetary policy can help offset but can ...

Prepare for the S&P 500 to crash 23% by next summer and a recession to take hold, JPMorgan's top charts guru has warned. The stock market ... the Fed is unlikely to loosen its monetary policy ...

Those factors could cause a bear market of minus 20% in 2025, maybe starting at the end of this year, but the Fed will have ...