Interactive Brokers’ Founder Says S&P 500 Could Fall 16% Before Bottom

Prediction   #sp500  

#sp500

pc[The founder and chairman of Interactive Brokers Group Inc. told Bloomberg Television Wednesday that the S&P 500 won’t hit a bottom until it trades to levels between 3300 and 3500. After it reaches that bottom, which represents a slide of as much as 16% from Wednesday’s levels, it will stay there for “a while” until the US contends with an inflation-fueled economy.]ce #checkbyYE2022 Predicted By Thomas Peterffy, Founder at Interactive Brokers.

1 Need login or sign up to read prediction basis.