US stocks facing an overdue drawdown, could fall by 5% in a matter of weeks, says BTIG's Jonathan Krinsky, cites these reasons
- Posted on October 28, 2024
- By Business News Today
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US stocks facing an overdue drawdown, could fall by 5% in a matter of weeks, says BTIG's Jonathan Krinsky, cites these reasons
US stocks, especially S&P 500 have a major chance of facing a big hit in the coming weeks for a few reasons that need to be addressed at the earliest according to a top BTIG executive, in a latest CNBC interview. Here's what could happen to the US stock markets in this scenario.