Is a market crash on the way? Wall Street heavyweights warn that U.S. stocks still have further downside potential

Wall Street heavyweights express concerns about the future economic outlook for the U.S. stock market. The S&P 500 index fell by 10.5% last week, marking the largest decline since the pandemic. Mark Spitznagel, founder of Universa Investments, predicts an 80% market crash, stating that the current decline is a "tumultuous interlude" on the path to a full-blown crisis. Larry Fink, CEO of BlackRock, also warned that Trump's tariff policies could trigger inflation and economic recession, believing that the current market turmoil reflects uncertainty regarding U.S. policies