Is a recession already priced into equity markets?
The world-renowned economist Jeremy Siegel says it sure looks like stocks have discounted at least a “mild recession” amid this year’s downturn.
On Monday, the S&P 500 officially entered bear market territory, dropping more than 3% to a level more than 20% off its January peak. And as recession predictions continue to flood in from both Wall Street and Main Street, some sectors of the market have fared even worse.
The tech-heavy Nasdaq is…
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