scorecardresearchU.S. recession risk up, but returns set to improve, says asset manager Vanguard

U.S. recession risk up, but returns set to improve, says asset manager Vanguard

Updated: 13 Jul 2022, 06:35 PM IST
TL;DR.
The Pennsylvania-based mutual fund manager noted a 25% probability of a U.S. recession over the next 12 months and 65% over the next two years. In the Euro area, the chance of a recession is around 50% over the next year and 60% over the next two years, it estimated.
The New York Stock Exchange on Wednesday, June 29, 2022 in New York. Stocks are off to a weak start on Friday, continuing a dismal streak that pushed Wall Street into a bear market last month as traders worry that inflation will be tough to beat and that a recession could be on the way as well.  (AP Photo/Julia Nikhinson)

The New York Stock Exchange on Wednesday, June 29, 2022 in New York. Stocks are off to a weak start on Friday, continuing a dismal streak that pushed Wall Street into a bear market last month as traders worry that inflation will be tough to beat and that a recession could be on the way as well. (AP Photo/Julia Nikhinson)