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S&P 500 Erased Decline, Up Slightly, Nasdaq Up 0.85%

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Berenberg Economists See 40% Probability of Recession in US and UK, Sees 20% Probability of EU Recession

May 20, 2022 9:51 AM EDT

Analyst Jonathan Stubbs comments "In January, we highlighted the heightened risk environment, with a long list of risks falling into four broad "buckets": 1) markets - high valuations and high margins; 2) macro - inflation, supply disruption and policy error; 3) political - elections, COVID-19 and social unrest; and 4) geopolitical. Many risks... More