Article By:
Zacks Investment Research
Sunday, January 8, 2023 9:00 AM EDT
The S&P 500 has dropped 19.4% in 2022. It marked the largest calendar-year decline since a 38% plunge in Lehman Bother’s crisis-laden 2008. Goldman Sachs, Bank of America and JPMorgan predict a U.S. recession in 2023.