A 'super bear' could send the stock market to new lows in 2023 if commodity prices soar and drive inflation higher, Stifel says

Jan 10 2023 by Business Insider

 
A trader works on the floor of the New York Stock Exchange shortly after the opening bell in New York, U.S., January 24, 2020.

Lucas Jackson/Reuters

A "super-bear" could send the stock market to new lows later this year if inflation soars again, according to Stifel."Major S&P 500 'super-bear' downside in 2023 likely pivots on whether commodity prices again soar," Stifel said.Stifel said the S&P 500 could fall 15% to 3,300 in the second half of 2023, representing a new low.

A "super-bear" could...

Continue Reading A 'super bear' could send the stock market to new lows in 2023 if commodity prices soar and drive inflation higher, Stifel says