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Wall Street Renowned Bear Peter Berezin Predicts Fed Will Accelerate Rate Cuts in Second Half of 2026
Summary: According to reports, Wall Street renowned bear Peter Berezin stated that in early 2026, as investors shift from tech stocks to non-tech stocks and from growth stocks to value stocks, the stock market may see a modest decline. It is expected that these factors will ultimately lead to the S&P 500 index closing at 5280 ...
According to reports, Wall Street renowned bear Peter Berezin stated that in early 2026, as investors shift from tech stocks to non-tech stocks and from growth stocks to value stocks, the stock market may see a modest decline. It is expected that these factors will ultimately lead to the S&P 500 index closing at 5280 points in 2026, with a 23% decline for the year, and the Nasdaq Composite Index falling by 31%. In addition, as the US dollar weakens, the Japanese yen is expected to significantly appreciate, with the USD/JPY reaching 115 by the end of the year. Gold prices are also expected to reach new historical highs. Concerns about a US economic recession continue to escalate, prompting the Fed to accelerate rate cuts in the second half of 2026. By December 2026, the federal funds rate is expected to drop to 2.25%, and the 10-year US Treasury yield to 3.1%.
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Link: Wall Street Renowned Bear Peter Berezin Predicts Fed Will Accelerate Rate Cuts in Second Half of 2026 [Copy]