Adam Taggart, Wealthion
JAN 27, 2022
In early December when the markets were hitting new high, contrarian forecaster David Hunter predicted that the S&P would soon correct by 10%.
And that’s exactly what has happened this month, with his downside target of 4300 getting hit in Monday’s washout.
He now expects the mother of all meltups to follow over the next several months raising the S&P 500 index all the way to 6000...to then be immediately followed by an 80% market correction.
Bold calls for sure. Will the prove correct the way this other recent forecasts have?
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