S&P 500 to fall another 19%: BNP Paribas' latest analysis examines 100 years of correction data

Market Consensus Renta 4 Last January 16 we commented on the Danish pharmaceutical company that was running as an opportunity for long-term portfolios, giving two key references, having bounced recently from the most important one at 57 dollars, corresponding to the passage of the long-term bullish guideline, as we can see in the chart of its quote in NYSE, highly correlated with the Danish one and, at times, with greater liquidity. As we can s…

Despite the stock market's recovery in recent weeks, analysis by French bank BNP Paribas suggests the S&P 500 could fall another 19%, and if a recession were to occur, the decline could be as much as 35%.