Yardeni, the biggest bull on Wall Street, cuts his S&P 500 target again on growing recession risks.
S&P 500 suffers largest quarterly underperformance relative to the rest of the world in 37 years.
The market remains on a buy signal.
Positioning is now much cleaner in the US, though dip-buying has been limited.
Sentiment remains fragile.
The wealth effect is very real.
Momentum is back.
But momentum is still negative.
Tech stocks rebound on support.
Let's go for a winning Wednesday.
U.S. stocks had their worst day of 2025 as economic fears grow.
Recession remains a low risk
