Market Price Targets

The Credit Strategist Blog

As we move deeper into this bear market, it is useful to think about how deep the sell-off may go.  As usual, everything depends on how committed the Fed is to fighting inflation and how quickly inflation comes down.  My best estimate is that we are looking at a best case of a 3400 bottom on the S&P 500 if the Fed only has to tighten moderately to lower…