The stock market is poised for a significant downturn, with multiple sources indicating a potential extended period of decline. Barron's recently published an article titled 'Why the Stock Market Drop Is Far From Over', highlighting the ongoing concerns. According to Evercore, the S&P 500, which recently retreated from an all-time high, is expected to undergo a correction that could last through the remainder of 2024. Additionally, trend-following funds might sell between $20-$42 billion in U.S. equities if the S&P 500 falls below 5,135, signaling a shift to a negative short-term trend. Market analysts, including a Chief Investment Officer, have warned of a 'hard reset' in the market that could take years to recover from. Furthermore, volatility-linked funds are likely to increase their selling due to unstable U.S. stocks. Market guru David Brady warns that the S&P 500 is likely to crash 30% before nosediving to 1,000 points post-election. Evercore cautions that the S&P 500 will finish the year at 4,750.