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The stock market is 'priced for perfection.' Here's what could drive a nearly 20% slump for the S&P 500 next year.

By Barbara KollmeyerClocktower strategist sees earnings faltering amid rate hikes and rising energy pricesMeet Chunk, the 2025 Fat Bear Week champion. A Clocktower strategist is predicting a market pullback in 2027.In 2022, the wheels came off the stock market, largely blamed on interest-rate hikes…

SPX

By Barbara KollmeyerClocktower strategist sees earnings faltering amid rate hikes and rising energy pricesMeet Chunk, the 2025 Fat Bear Week champion. In 2022, the wheels came off the stock market, largely blamed on interest-rate hikes…