Stifel Warns of S&P 500 Correction
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speculative investor behaviorInsider
•There's a 12% correction looming for the stock market by the end of the year, Stifel says
81% Informative
Stifel warns of a sharp stock market correction by year-end , with the S&P 500 potentially dropping 12% .
Chief equity strategist Barry Bannister said high valuations and speculative investor behavior are a concern.
The typical "pre-election juice" for the economy is likely to fade towards the end of the year .
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