Bearish Call News Today

"I think it's inevitable, given what the indicators are doing, that we're going to have a pretty rough recession," says Jon Wolfenbarger.

"History shows price downside is in front of us, not behind us," says Mike Wilson.

Investors had been anticipating a Fed pivot to dovish policy ahead. But a resilient economy means more Fed-induced pain for stocks going forward.

Investors "are not accounting for the earnings hit that we will get from reduced demand," says Thomas Peterffy.

Things haven't looked good for stocks in 2022. According to some of Wall Streets biggest names, it's only going to get worse.

"Why are we sure it is a bear market rally? It was led by the same foolishness that triggered the bear market in the first place," says Bill Smead.

"History would tell us that this bear market has additional time to claw investors," warns Bill Smead.

The S&P 500 has fallen as much as 23% this year. Some Wall Street experts warn further downside is likely ahead.

"I think there's a lot more downside to go," says Jon Wolfenbarger, founder of Bullandbearprofits.com.

John Hussman has made a name for himself by predicting major stock market meltdowns over the last few decades. He's sounding the alarm once again.