The S&P 500 will gain almost nothing in the next decade, Stifel has said.
Others have argued differently: “The outlook for the world economy is actually improving,” Edward Yardeni has said.
Meanwhile, the World Bank has said: The global economy will come "perilously close" to a recession this year, led by weaker growth in all the world's top economies -- the United States, Europe and China.
Additionally, AaDecember 3-7 poll of 1,500 registered voters by the WSJ found that two-thirds think the 2023 economy will be worse. The survey showed that Republicans had the strongest pessimism, while only almost a quarter of Democrats shared the same sentiments.
The poll showed that 66% of respondents said things were heading wrong. Before the elections, the number of people who felt the economy was going the wrong way was at 71%.
The S&P 500 will gain almost nothing in the next decade, Stifel has said
1/11/2023