- Analytics
- News and Tools
- Market News
- Mild recession to kick-start the bull trend for US equities – SocGen
Mild recession to kick-start the bull trend for US equities – SocGen
Economists at Société Générale see the upcoming mild recession as a catalyst to kick-start the bull trends for US equities.
Mild recession = restart of the secular bull run
“Seven of the last eight Fed hiking cycles triggered an economic recession, and US stocks historically do not bottom until a recession has started. Our base case remains unchanged, namely, we expect a US recession to begin in 1H24, and believe a mild recession would be a catalyst for a re-start of a secular bull market in US stocks. Until then, we expect US stocks to stay in a range of 3500-4200.”
“Within US stocks, we prefer Defensive Growth over Value, Large cap over Small cap and Staples and Industrials over Consumer cyclicals and Financials.”
© 2000-2024. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.
Bank transfers
