This veteran investor crunches the numbers and sees the risk of a full-blown bear market - MarketWatch
1. Moody's downgraded the U.S. credit rating, affecting market sentiment. 2. Kotok forecasts S&P 500 EPS drops by $30 due to tariffs. 3. Estimates suggest S&P 500 could fall to 4,000-4,400 range. 4. Rising Treasury yields could lower S&P earnings multiples. 5. Investor mood is bearish with ES00 down over 1%.