Business Insider Us Recession 2024 Recession. Jon wolfenbarger pointed to falling earnings and the inverted yield curve, among other factors. Unemployment has jumped in 19 states, making a national recession almost inevitable, lazar said.
Once a recession strikes, the s&p 500 could fall as low as 3,500, she predicted, which would take the benchmark index around 26% lower from its current levels. But some economists have argued that flawed historical economic data puts this claim in question.
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