S&P 500 Could Crash 37% To 3,700 If Tariff Fallout Triggers Recession, Warns Wolfe Research
The S&P 500 Index tracked by SPDR S&P 500 ETF Trust could plunge as low as 3,700 points even in a "mild recession" scenario, representing a potential 37% decline from its January levels, according to Wolfe Research.