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• TheS&P 500(^GSPC+2
• 51%)is currently down 5% from its high, but some Wall Street analysts think the index could fall much further in the coming months if the Iran conflict keeps oil prices elevated
• In March, Kriti Gupta and Joe Seydl atJPMorgan Chasewarned the S&P 500 could drop as much as 15% if oil prices stay above $90 per barrel for an extended period, and Ben Snider atGoldman Sachswarned the index could fall more than 20% in a severe scenario