Mixed outlook for US stock market as experts predict both rallies and slides.

The chief market strategist at FS Investments, Troy Gayeski, has warned that the S&P 500 index could fall by about 22% over the coming quarters, and investors should start selling their holdings now. The benchmark index has risen by about 8% so far in 2023 on hopes that the Federal Reserve will soon end interest-rate increases. Gayeski has advised investors to use this bear market rally to de-risk in advance of potentially very painful losses over the next six, nine, 12 months.