Investing.com · Jul 22, 2024
Evercore: Correction has begun; seasonality, political uncertainty to underpin market volatility - Investing.com
Evercore ISI analysts predict the market has entered a correction phase driven by weak August and September seasonality and heightened political volatility, similar to the Clinton vs. Dole and Bush vs. Gore election years. They expect the S&P 500 to test its 100-day moving average before resuming an upward trajectory to a year-end target of 6,000.

