Is the US economy on a tailspin into recession? | Economic Times - Jobs World

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Wednesday, June 15, 2022

Is the US economy on a tailspin into recession? | Economic Times

Is the US economy on a tailspin into recession? https://ift.tt/PJvKIib and big-time hedge fund investor Leon Cooperman says the US economy will go into a recession and stocks will fall much further. He told CNBC Tuesday the S&P 500 would fall 40 per cent in total from peak to trough. He said the index might not bounce back until it hits 3,000 - 20 per cent below Monday's close.

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