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Don't rush back into the stock market as more pain is coming if the economy keeps slowing, Stifel chief strategist says

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Summary
Nutrition label

79% Informative

Stifel's Barry Bannister said the Fed 's 2% inflation goal is "just a pipe dream" with housing expected to rebound.

He reiterated his expectation for a 10% market correction to push the S&P 500 to 5,000 by October .

Weak GDP, consumption, fixed asset investment and net export data don't bode well for the economy, he said.

VR Score

81

Informative language

79

Neutral language

68

Article tone

semi-formal

Language

English

Language complexity

40

Offensive language

likely offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

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