US Market Crash: S&P 500 may fall 1,000 points, former top JPMorgan strategist predicts

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“I do think we’ll go back down in the 5,000s this year,” Kolanovic said on Bloomberg’s Odd Lots podcast. Potential turmoil from the new political climate could bring the gauge down “much lower into 4,000 — I think there’s some probability of that.”

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