10 Reasons the Stock Market Could Crash in Q3
In many ways, this is a year that Wall Street and the American public will never forget. The coronavirus disease 2019 (COVID-19) pandemic has completely turned societal habits upside down, pushed more than 20 million Americans out of work, and sent the stock market into its wildest tailspin in history. It took just 33 calendar days for the broad-based S&P 500 (SNPINDEX: ^GSPC) to shed 34% of its value.
Then again, it's also a year that's witnessed one of the most ferocious rallies on record. Despite unemployment levels that haven't been seen since the Great Depression, the tech-heavy Nasdaq Composite has ascended to new highs, while the S&P 500 clawed back more than 80% of its losses at one point.
However, the worst may not be in the rearview mirror. Although the stock market has historically bottomed out well before the U.S. economy finds its trough, there are 10 feasible reasons the stock market could crash during the third quarter.
Source Fool.com
