Will Stock Values Plunge 20% in the Next 6 Months? 51% of Americans Think Yes
It's no secret that the U.S. economy has been in a major slump since the COVID-19 pandemic took hold about six months ago. But while the stock market suffered a major decline back in March, things have since improved for investors in a very big way.
Still, that doesn't mean we can let our guard down. In fact, 51% of Americans think it's likely that the stock market will lose 20% of its value in the course of the next six months, according to the SimplyWise September 2020 Retirement Confidence Index.
Clearly, that's a concerning thought whether you're working or retired. But we also can't rule out the possibility of another near-term market crash, so here's what to do to prepare.
Source Fool.com