S&P 500 Could Plunge 27% in 2024 Recession, BCA Research Warns
• S&P 500 could plunge 27% in 2024 recession, says BCA Research • Higher interest rates set to push US economy into downturn • Recession to arrive mid-2024 unless Fed eases policy considerably • Tighter lending conditions, cracks in job market are warning signs • Investor sentiment recently more upbeat despite looming risks