Recession 2024 Predictions Stock Market Index. The conference board leading economic index (lei) has fallen 13.1% from its record high in december 2021, its sharpest decline since the great. The new york fed’s recession probability model suggests there is still a 50% chance of a u.s.
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. Morningstar specialists discuss stock market valuations, interest rate forecasts, gdp expectations, and more.
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