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Economists Predict US Economy and Stocks Have Likely Avoided a Recession /
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2024-06-30 13:02:46

Economists Predict US Economy and Stocks Have Likely Avoided a Recession on Nostr: Certain Parts of Stock Market Already Priced for Recession, Northwestern CIO Says ...

Certain Parts of Stock Market Already Priced for Recession, Northwestern CIO Says
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#42fe3787 ver:0.63

Renowned economist Harry Dent predicts a major stock market crash, with the S&P 500 potentially dropping 86% and the Nasdaq Composite dropping around 92%. Other forecasters express concerns about a potential bubble burst, with Capital Economics estimating another 20% inflation before the crash. Despite warnings, analysts note favorable earnings prospects. Northwestern CIO believes certain parts of the stock market are already priced for a recession, shifting towards cheaper areas like small- and mid-cap stocks. #StockMarket #BubbleBurst #Recession...

#newstr #StockMarket #Recession #Investment #Equities #SmallcapStocks

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