ISCV - The Drop Was Epic - But The Bear Market Is Just Starting

• While the S&P 500/SPX is still officially in correction territory, many market-leading stocks are in a deep bear market.
• High inflation, Fed tightening, and other unfavorable fundamental factors should continue pressuring economic growth.
• Moreover, decreasing corporate profits could lead to downward EPS revisions and multiple contractions.
• While we're due for a countertrend rally, the market will likely continue moving lower in the intermediate term.

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