What the Growing Likelihood of “Growth Scares” According to Citigroup Means for the Stock Market
According to Citigroup, fears of a recession can be felt in equities. A “mild recession in 2023” could drop the S&P 500 index about 20% from its late-March high of around 4,600, analysts at Citigroup said in a research note on Monday. Amid “worse macro growth fears,” the index could see a drop of about … Read more