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Business

The stock market has already crashed: Why a Wall Street veteran says Nike is the ultimate turnaround trade.

MarketWatch · October 16, 2026 at 10:28 AM

The stock market has already crashed: Why a Wall Street veteran says Nike is the ultimate turnaround trade.

Larry McDonald says the S&P 500’s record chasing is hiding lots of companies with sliding stocks.

He has ideas on how to play that.

Read the full article on MarketWatch ›

5News aggregated this summary from the outlet’s public feed. The full article, with all the context, is on www.marketwatch.com — the content belongs to MarketWatch.

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