Stock Market Drama: When Will the Bears Call It Quits?

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So, the stock market’s had a bit of a meltdown, huh? 🐻 Fidelity’s global macro guru, Jurrien Timmer, is here with the latest tea on when this financial soap opera might hit the big “bottom out” moment.

Our guy Timmer took to the ever-dramatic platform X (yes, the artist formerly known as Twitter) to drop a spicy little chart for his 194,000 followers. This graph is all about the S&P 500’s presidential-term shenanigans. And surprise, surprise—apparently, history kinda repeats itself. Who knew? 🤷‍♂️

The takeaway? The current S&P 500 nosedive *might* wrap up around July this year. Or, who knows, maybe not—this ain’t The Psychic Network, folks.

“I wouldn’t bet my grandma’s meatloaf recipe on this indicator,” said Timmer. “But, hey, it’s something! The presidential-term cycle seems to be doing its thing. Year 5 (yes, I know it sounds like a dystopian sci-fi sequel) has been a real Debbie Downer so far. First six months? Blech. So, heads up: it could be a bumpy ride for a while. Pack snacks.”

And because Timmer doesn’t mess around (or sleep, apparently), he dished out a chart tracking S&P 500 corrections *all* the way back to 1906. Yes, 1906! People were still riding horses, and this guy’s digging up market data like Indiana Jones. 📉🕵️‍♂️

Now, get this: today’s market hiccup is giving off serious 2018 vibes 🤔. Translation? He thinks the market could belly flop to around the 4,900 level. Yay… or not? Depends on your portfolio, I guess.

“Last week’s break from the ‘tape bombs’ (classic 2025 drama) gave the markets some air to breathe. For now, it’s the ol’ 10% correction. Will the next 10% be up or down? Place your bets, people. Spin the wheel. Why not? Life’s a casino now.”

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2025-03-25 23:02