Should You Buy Stocks If a Recession Is Coming in 2024? Here's What History Shows.
Inflation appears to be moderating. Unemployment levels remain low. Interest rates could be coming down. As a result of these and other factors, many economists now predict that the U.S. will be able to avoid a recession in the new year. But not all of them.
Raymond James' base case is that a mild recession is on the way. Global Asset Management thinks there's a 70% chance of a recession in the first half of the year. UBS predicts a midyear recession.
Should you buy stocks if a recession is coming in 2024? Here's what history shows.
Source Fool.com
Royal Bank of Canada Stock
€101.92
0.910%
Currently there is a rather positive sentiment for Royal Bank of Canada with 8 Buy predictions and 4 Sell predictions.
As a result the target price of 114 € shows a slightly positive potential of 11.85% compared to the current price of 101.92 € for Royal Bank of Canada.
