Stocks could fall 30% as US heads for a deep recession, analyst warns

Stocks could fall 30% as US heads for a deep recession, analyst warns BCA Research issues gloomy forecast for US stock market There may be trouble looming on the horizon for the U.S. stock market, according to BCA Research. In a note to clients last week, BCA Research chief global strategist Peter Berezin warned that, contrary to popular belief, the economy will fall into a recession either this year or in early 2025. Should that happen, the S&P 500 could …