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Stock Market Will Fall 35-40% From 2024 Peak, Predicts Pylyp Travkin

Posted on 09/02/2024

Although many of the world’s leading indices are predicted to reach new highs in the current year, Pylyp Travkin, the Chief Investment Officer of Tenerus AG, has issued a warning that the upward trend in the stock market may be temporary, and there is a possibility of a substantial decline in the markets this year.

According to a note published by the analyst, the stock market could see a dip of around 35 to 40 percent after hitting a significant peak in 2024. Pylyp Travkin from Tenerus AG also warned of significant volatility and high risks this year.

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