Wall Street's elite investors are privately warning that the stock market is headed for another scary plunge

Wed, 02/22/2023 - 06:04

A surprised Wall Street bull about to be hit by a big, red boomerang — Wall Street was lulled into a false sense of security, according to the investing world's elite, and this complacency will make the coming stock market reversal even more excruciating.
Getty Images; Alyssa Powell/Insider

Elite investors are privately warning that the market is headed for a second wave of pain

The stock market has started off the year in a state of euphoria, shrugging off the anxieties that dominated investors' minds over the previous 12 months: inflation, hot war, cold war, soaring interest rates, recession.