A Recession in Early 2025 Could Send the Stock Market Tumbling 30%, Strategist Says

A recession by early next year could send stocks down 30%, says BCA strategist Roukaya Ibrahim.

by Yuheng Zhan
Yahoo! Finance

There are two factors signaling a recession by year-end or early 2025, and a downturn could spark a 30% correction in stocks, according to BCA strategist Roukaya Ibrahim.

The strategist said on Monday that the US stock market is highly valued, and growth the PE estimates will sink back to levels more in line with the five years before the pandemic.

“I think that raises the likelihood that they’re more vulnerable to the downside. And our expectation if we do get this recession, late 2024, early 2025, the S&P 500 is most likely going to fall to around 3600,” Ibrahim told Bloomberg TV on Monday.

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