Need to Know: Stock market’s December selloff was just the beginning, warns billionaire hedge fund manager

Adios to the month of June, the second quarter and first half of the year, and some not-bad stretches for stock investors.

For those respective periods, the S&P 500 is up roughly 6%, 3% and 17%, with one session to go. However, this week may mark the first weekly drop in four. Optimism is also in the air ahead of Saturday’s G-20 meeting where Presidents Donald Trump and Xi Jinping are expected to hit pause on the tariff threats to let trade talks continue.

(h/t The Market Ear)

But as always, things could go pear shaped fast. Take our call of the day, from billionaire hedge-fund manager Paul Singer who warns of the “possibility of a significant market downturn.

>>> Original Source <<<