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Monday, January 30, 2023

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The stock market will fall 25% when the looming US recession hits in mid-2023, Deutsche Bank says

Global equities are expected to drop sharply by mid-2023 as a looming recession hits the US, Deutsche Bank said in a note on Monday. “We see major stock markets plunging 25% from levels somewhat above today’s when the US recession hits, but then recovering fully by year-end 2023, assuming the …

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