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BNP Paribas studied 100 years of market crashes — here's what it says is coming next

Por: MarketWatch Business December 07, 2022

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Strategists led by Greg Boutle, head of U.S. equity and derivatives strategy, are expecting a capitulation event next year. “This would be a departure from the current bear market regime, which has been characterized by a grind lower in equities as P/E multiples have contracted,” they say. The most recent crash — the COVID-19 slump of March 2020 — is a bad template in their view, as it was driven both by the extreme nature of economic... + full article



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