The stock market will drop 32% in 2025 as the Fed fails to save the economy from a recession, research firm says
A trader works on the floor at the New York Stock Exchange (NYSE) in New York City, New York, U.S., March 3, 2020.
Andrew Kelly/Reuters
- The S&P 500 will plunge 32% in 2025 as a recession finally hits the US economy, BCA Research predicts.
- The firm said the Fed will fail to prevent a recession as it takes its time cutting interest rates.
- Rising unemployment and constrained credit will curb consumer spending, worsening the downturn.
The stock market will...
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