Posted on 04/06/2022 5:38:32 PM PDT by BenLurkin
Deutsche Bank made waves on Tuesday when its economists became the first of the major Wall Street analysts to say the U.S. economy would soon go into recession.
But it does reflect mounting concerns about the economy, especially as the Federal Reserve moves aggressively to cool business activity in its efforts to fight inflation. And last week’s inversion of the 2s10s yield curve — a metric with a pretty good track record of predicting recessions — only emboldened those expecting economic growth to turn negative.
We maintain our forecasts for the S&P 500 (5250) and the Stoxx 600 (550) for year-end 2022; with a typical recession correction of 20% in late 2023. Our projections for equity demand-supply this year suggest equities should be well supported by strong inflows, a recovery in positioning to at least somewhat above neutral and buybacks, but this support should start to slow with growth in the second half of next year.
...
In 2023, we expect equity markets to hold up well through the summer before the US falls into recession and for equities to correct by a typical 20% as it begins, before bottoming half-way through and recovering prior levels.
(Excerpt) Read more at finance.yahoo.com ...
What about 2022? Schmucks.
2023, just in time for the Rats to blame the Repuke house.
Better than mean tweets
The only thing that matters is keeping it afloat till the republicans take over.
Always bet on inflation. You make more money......
Investors understanding this.
No politician in history has ever survived deflation, recession or depression.
I’m long oil.
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