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Millionaires predict gloomy US stock market will get much worse in 2023

Por: New York Post Business December 20, 2022

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Wealthy investors expect this year’s stock market nightmare to get even worse in 2023 — with most predicting a US recession, according to the results of a survey released Monday. Bearish sentiment has hit its highest level since the Great Recession, with 56% of millionaire investors predicting the broad-based S&P 500 will post a double-digit loss next year. Nearly of a third of respondents expect losses to exceed 15%. The gloomy outlook... + full article



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