Expect a U.S. Recession That Will Ravage Markets and Could Send Stocks Spiraling Down 24% Next Year, Bank of America Says
Bank of America economists expect the US to slip into a recession in the first quarter of 2023. That will become the dominant story for markets next year, the bank said. The S&P 500 could plunge 24% from its current level by the end of the year, strategists warned. This story originally appeared on Business […]