US Edition2025 to mark start of major stock market drawdown, warns strategist
With the second half of 2025 already underway, Bloomberg Intelligence senior commodity strategist Mike McGlone has warned that this year could mark …
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Cryptocurrency News | Cryptocurrency Prices | Market Cap2025 to mark start of major stock market drawdown, warns strategist
With the second half of 2025 already underway, Bloomberg Intelligence senior commodity strategist Mike McGlone has warned that this year could mark the beginning of a major stock market downturn. McGlone projected that 2025 may usher in the third major 50% drawdown in stocks since 2000, he said in an X post on August 2. His warning comes as the stock market opened August on a weak note, with investor sentiment turning bearish following disappoi…
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