Wall Street’s biggest bear says the S&P 500 could fall to 4,200.
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Heading into 2025, most Wall Street strategists were predicting further gains after missing last year’s 23% advance for the S&P 500.
But there was lone Wall Street bear, BCA Research’s chief global strategist Peter Berezin, whose year-end S&P 500
SPX target of 4,450 compared to the 6,500 average, and Oppenheimer’s 7,100 top.