Bianco: 5-9% Drop in Near Term

“Strong job growth and falling unemployment, despite still-slow GDP, suggest that Fed hikes are on the horizon and likely strengthen the dollar further. We see risk of a near-term 5 to 9 percent dip.”

— Excerpt contributed by Jason Kelly

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Z-val: David Bianco
Via: Bloomberg
Date: 3/10/15
Disposition: Immediate-Term Bearish
S&P 500 on 3/10/15: 2044
S&P 500 on 4/10/15: 2102
Change: 2.8%
Judgment: Wrong

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