The bear market is here, and stocks will plunge at least 20 percent, Ned Davis Research warns
“‘If you take this as a typical bear market, not associated with a recession, it’s going to take you down around 20 percent — maybe a little bit more,’ the firm’s chief U.S. market strategist told CNBC’s ‘Futures Now’ last week. ‘That’s what we need to be thinking about over the next several months.'”
USAGOLD note: Ned Davis Research’s Ed Clissold joins the bear market chorus.