The stock market will fall 25% when the looming US recession hits in mid-2023, Deutsche Bank says

The stock market will fall 25% when the looming US recession hits in mid-2023, Deutsche Bank says

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Major stock markets will plunge 25% when a looming recession hits next year, Deutsche Bank says. - Analysts also see earnings per share among S&P 500 companies falling to $195 in 2023 from $222 in 2022. - After the Fed's rate hikes, the investment bank expects markets to recover by year-end 2023.…

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