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Recession

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  • Stocks could slide 10% back to October lows over the next three to six months, according to Evercore's Julian Emanuel.
  • That's because a recession could strike the economy this year, and stocks have historically bottomed before a downturn.
  • The Fed will keep raising interest rates, Emanuel warned, lowering the odds of a soft landing.

Stocks could fall back to their October lows by midyear as a looming recession is coming for the US economy, according to Evercore's senior managing director Julian Emanuel.

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Markets, MI Exclusive, Recession, Stock Market Outlook, stock market bottom, Recession indicator, stock fall, fed inflation, fed interest rates, interest rates outlook, Evercore ISI, Julian Emanuel, Inflation
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The stock market could retest October lows by midyear as a looming recession hi…