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U.S. Recession Seen Most Likely to Start Next Year: Survey

  • Bank stocks are seen as underperforming broader market
  • Russia seen as offering most-undervalued bonds in survey
Updated on

The U.S. is poised for recession most likely in 2023 and bank stocks are expected to fall behind the broader market, according to 525 respondents to the Markets Live weekly survey.

Asked when the next recession would start, only 15% said this year. Close to half saw a U.S. recession next year; another 21% flagged 2024 as likely, and 16% saw 2025 or later.