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    Home » Financial expert predicts potential recession in the United States by 2025
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    Financial expert predicts potential recession in the United States by 2025

    By adminJul. 5, 2024No Comments1 Min Read
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    Financial expert predicts potential recession in the United States by 2025
    Financial expert predicts potential recession in the United States by 2025
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    The lingering effects of the 2008-2009 Great Recession, compounded by the Covid-19 crisis, continue to plague the U.S. economy, sparking concerns about financial stability.

    BCA Research, a Canadian investment firm, has issued a warning about potential instability in the U.S. stock market.

    Peter Berezin, Chief Global Strategist at BCA Research, predicts a potential recession by early 2025, forecasting the S&P 500 to plummet to 3,750 points—a 30% decline from current levels.

    He attributes this to anticipated labor market slowdowns, which will impact consumer spending crucial for economic growth, noting the intricate relationship between inflation and unemployment.

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    A financial expert suggests that the U.S. could enter a recession as soon as 2025.

    Berezin also highlighted global economic challenges, including slowing growth in China and Europe, which could intensify pressure on international stock markets.

    Despite the Dow Jones Industrial Average reaching record highs in mid-May, recent market upheavals have cast a shadow over future prospects. This pessimistic outlook follows a turbulent year for financial markets.

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