BCA Research’s Peter Berezin says the worst is yet to come for stocks and he sees the S&P 500 falling to 4,450 by year-end. And he says that call may still be too bullish. He was one of the few to accurately predict a correction this year. Personally, I think he’s right and do not see the incentive for money managers to catch a falling knife. VIX is 45 going into the weekend.
Pain…
