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Special Report

2023 Key Views: The Darkest Hour Before Dawn

by Irene Tunkel, Chief Strategist  

2023 will be another challenging year for the US equity market, characterized by the Fed’s battle with inflation, slowing economic growth, and earnings contraction. The S&P 500 is likely to reach new lows in the first half of the year falling as much as 20-25%, only to rebound sharply in the second half, once all the bad news is priced in.

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BCA Research | US Equity Strategy

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