A Market ‘Correction’ Is Long Overdue. How Much Further Stocks Could Fall.
Stocks are bouncing back Thursday following a brutal selloff. But it’s time for an unpopular truth about the market: Wall Street is overdue for an even bigger pullback. The S&P 500, despite its nearly 3% drop on Wednesday after the Federal Reserve spooked the market with its updated outlook on inflation and interest rate cuts for 2025,