Here’s The Worst Case Scenario For Stocks, According To Goldman, Deutsche Bank And Bank Of America

The S&P 500 could plunge to 3,000 if the economy falls into a recession in the near future, which would amount to a roughly 24% drop from the index’s current level of around 3,900, according to a recent note from Deutsche Bank’s chief U.S. equity and global strategist, Binky Chadha.

Market losses could intensify if the economy falls into a recession, notes Goldman Sachs chief U.S. equity strategist David Kostin, who puts the odds of a downturn within the next two years at 35%.

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Here’s The Worst Case Scenario For Stocks, According To Goldman, Deutsche Bank And Bank Of AmericaHere's the worst case scenario for stocks, according to Goldman, Deutsche Bank and Bank of America:
Source: Forbes - 🏆 394. / 53 Read more »

Deutsche Bank cuts baseline market forecast and sees S&P 500 at 3,000 if there's a recessionStocks could be in for much more pain ahead if a recession is imminent, according to Deutsche Bank's Binky Chadha.
Source: CNBC - 🏆 12. / 72 Read more »