Scott Minerd Sees Another 20% Downside For Market By Mid-October — Warns Of More Pain
The recovery seen after the mid-June lows led analysts and investors into believing that the market may have bottomed. It was not to be, though. What Happened: Following a nice rebound that lasted until mid-August, the market has hit another rough patch amid interest rate worries.
An analyst now anticipates more pain ahead in the coming months.