Kristen Bitterly Michell on Wealth Management
Masters in Business
00:00
Are Recessionary Bear Markets Pricing in a Recession?
Markets are not pricing in a recession or earnings contraction right now, says John Defterios. Recessionary bear markets can be in excess of 30% and even closer to forty%. But i think one of the positive things is we haven't had a recession that has been this anticipated either," he adds.
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