Kolanovic, the Nostradamus' of Wall Street, fired after predicting stock market storm

Marko Kolanovic, known for his bearish predictions, forewarned of a sharp drop in the S&P 500 index long before it fell by 25.5%, also signaling a looming recession in the US.

Kolanovic's warnings were not heeded, and after the market collapse with S&P 500, Nasdaq, and Nikkei plunges, his prophetic messages continue to loom over the market.

Mike Wilson from Morgan Stanley, like Kolanovic, had also cautioned about a potential S&P 500 correction, predicting a likely 10% drop leading up to the election.

Read at english.elpais.com