Economist Predicts 30% Stock Market Decline and Looming Recession
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#42fe3787 ver:0.64

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, with Capital Economics believing stocks still have another 20% to inflate before the bubble bursts. Despite warnings, analysts note that earnings prospects are favorable for stocks. However, Paul Dietrich warns that the S&P 500 could crash 48% if the bubble bursts and the US economy enters a recession. Peter Berezin predicts a 30% decline in the S&P 500 and warns of a looming recession. Brent Schutte advises shifting towards cheaper areas of the market in preparation for a likely recession. #StockMarket #Bubble #Crash #Recession...

#newstr #StockMarket #Recession #StockMarketCrash #EconomicUncertainty 

 https://here.news/story/42fe3787?ver=0.64