A Top Wall Street Analyst Thinks the Stock Market Is in a "Death Zone": What Should Investors Do?
Many investors eagerly desire a reason to be optimistic. That's why you've heard a lot of talk about the potential for a new bull market beginning. Such hopes aren't completely unrealistic. For example, the Nasdaq Composite Index has risen close to 12% below its previous low. Another 8% or so would meet the threshold for a new bull market to be declared.
However, there's still a lot of pessimism. One top Wall Street analyst even thinks the stock market is in a "death zone." What should investors do if he's right?
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Source Fool.com
