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Citi’s Levkovich cuts S&P 500 target as sentiment enters panic mode
Stocks have lost roughly $5 trillion in value since their 2018 peak
Stocks had their worst start to a new year in nearly two decades, one of the most iconic companies in the world lowered its earnings outlook and high-profile strategists are already cutting their S&P 500 targets.
And it’s only day three into 2019.
By SUE CHANG - MARKETS REPORTER
...
https://www.marketwatch.com/story/citis-...2019-01-03
Stocks have lost roughly $5 trillion in value since their 2018 peak
Stocks had their worst start to a new year in nearly two decades, one of the most iconic companies in the world lowered its earnings outlook and high-profile strategists are already cutting their S&P 500 targets.
And it’s only day three into 2019.
By SUE CHANG - MARKETS REPORTER
...
https://www.marketwatch.com/story/citis-...2019-01-03
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