Over the next 12 months, the S&P 500 will decline to 3,000 points, according to Jeremy Grantham. In preparation for a “Super Bubble” burst, he shorted high-yield bonds and the Nasdaq index, which is heavily weighted toward technology. The seasoned investor believes that the bubble has reached its peak. Over the following 12 months, Jeremy Grantham anticipates an S&P 500 decline of 3,000 points. He shorted high-yield bonds and the tech-heavy Nasdaq index in anticipation of a “Super Bubble” popping. The bubble has reached its ultimate phase, according to the seasoned investor.
Insider Monkey looks at the 10 worst-performing S&P 500 Stocks in 2022. Etsy, Inc. is an online retailer that runs marketplaces that bring together customers and sellers. The majority of the company’s handmade vintage goods are sold on its marketplace, along with additional decorative things including jewelry, ornaments, and paintings. Leading global semiconductor manufacturer Teradyne, Inc., creates and produces automatic test instruments. These stakes’ combined value decreased to $617.5 million from $993 million in the previous quarter. According to Wall Street, a faltering economy and a failing consumer market are impacting the stock. As of September 16, shares of Paypal Holdings, Inc. had fallen 51.83% for the year. The company announced $6.8 billion in revenue, which was $21.5 million more than Wall Street had predicted. A series of hotels and casinos are run by the American gaming and hospitality corporation Caesars Entertainment Inc. throughout the country. HG Vora Capital Management owned 5 million shares of CZR as of June 30. Stanley Black & Decker, Inc. is a well-known producer of hardware for the home and workplace. The business operates in the Americas, Canada, Europe, and Asia. Since the start of the year, the stock has dropped 53.99% as of September 16. For more details, click the 10 Worst-Performing S&P 500 Stocks In 2022.
