Expect a roughly yearlong U.S. recession to start in the year's second half and for inflation to end 2022 at 7.7%, according to a revised outlook from the...
Investors should brace for the start of a U.S. recession in the second half of 2022 and for the stock market to record a roughly 20% retreat for the full year, according to a revised outlook from the Wells Fargo Institute released Thursday.
They... Investors should brace for the start of a U.S. recession in the second half of 2022 and for the stock market to record a roughly 20% retreat for the full year, according to a revised outlook from the Wells Fargo Institute released Thursday. They also expect inflation to stay high, ending the year at 7.7% and for the S&P 500 index SPX , which fell into a bear market in June, to end the year roughly 20% below its peak in early January. Other key revisions to their outlook for global equities can be found in the below chart.
“While investors slowly digest the lurch toward reduced 2022 earnings projections, additional near-term equity market volatility is very likely,” the team wrote. But they also see a moderate recession akin to the 1981-82 downturn, with a “sustained economic and earnings recovery for most of 2023 and 2024.”
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
New Irving office campus will house 4,000 workers with Wells Fargo in its sightsIrving's planning commission has given approval for a huge new Las Colinas office campus.
Lire la suite »
Yard signs bring messages of hope in Liberty WellsYOU MATTER - A Salt Lake City therapist who lost his fiancee to suicide has launched a suicide prevention campaign from his own front yard in Liberty Wells.
Lire la suite »
New Irving office campus will house 4,000 workers with Wells Fargo in its sightsIrving's planning commission has given approval for a huge new Las Colinas office campus.
Lire la suite »
This Covid-19 Rapid Test Hit Its Lowest Price Ever on AmazonNow's the time to stock up with these iHealth at-home antigen tests:
Lire la suite »
Mother accused of attacking safety agent at Staten Island schoolPolice say a school safety agent was assaulted by a parent Tuesday morning at a school on Staten Island.
Lire la suite »