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A 30-year investing vet who called the latest bear market warns that stocks have another 41% downside with US economy already in recession and the Fed continuing to ratchet up rates

Summary by Ground News
Jon Wolfenbarger is the founder of Bull And Bear Profits. He says other recession indicators show the writing is on the wall. He thinks the S&P 500 will fall another 41% (to 2,250, or 53% peak-to-trough) or more.

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Business Insider broke the news in United States on Saturday, December 31, 2022.
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