HomeMarketsIndicesStock Market Will Hit Bottom In December
Stock Market Will Hit Bottom In December

"We will not see the bottom of the stock market until December. The bulls are hoping that the Federal Reserve will back off the interest rate hikes, but they are not taking the financial picture as seriously as they should. We are still seeing massive layoffs. The consumer looks strong, but people are buying fewer items. Also, goods are more expensive and credit card debt is soaring," says Angela Sloan.

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