Nearly everyone has given up on their recession call, and that makes the outlook 'dangerously reminiscent' of 2007, SocGen says

Tech Insider : Economy
Stock market crash

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The S&P 500 will trade near its all-time high before a recession drags it down again in a topsy-turvy 2024, Société Générale says

Tech Insider
stock market traders
2024 is going to be an up-and-down year for the stock market, according to Société Générale.

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CHART OF THE DAY: S&P 500 returns haven't been this lopsided since the 2008 crisis

Tech Insider
Stock market returns haven't been this lopsided since 2008
Stock market returns haven't been this lopsided since at least 2008.

Societe Generale

'Cries of pain' at smaller firms are being drowned by exuberance elsewhere in the market - but rising defaults point to a recession coming, SocGen says

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empty storefront retail space out of business vacant.JPG
Small businesses are feeling the pain of credit conditions.

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The stock market today has 'echoes' of the 1987 crash, and even a hint of a recession would be a massive blow to equities, Societe Generale says

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Stock trades 1987 Black Monday

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The Fed could still kill off more zombie companies even after bankruptcies have spiked 54% since last year

Tech Insider : Economy, Economy
Recession slowdown spending consumer
The slowdown in consumer spending means companies earn less money, which makes their stock less attractive.

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