According to Stifel, this scenario suggests a potential transition from a Secular Bull Market to a Secular Bear Market, “which is a much more treacherous period for investors, particularly buy ...

And Stifel has ... He adds that their bull case (S&P 500 +20%) would involve "successful policies from the new president and improved global GDP growth." Meanwhile, the bear case – "tariff ...

Stifel called the news “a significant blow” to the bull case and argued that investors are likely to “remain very skeptical” ahead of navacaprant’s two Phase 3 readouts due in the first ...