'Dr. Doom' Nouriel Roubini sees a 25% fall in the S&P 500 if the US economy sinks into a severe recession

Dec 7 2022 by Business Insider

 
Dr. Nouriel Roubini speaking at the Concordia Annual Summit in New York in September.

John Lamparski/Getty Images for Concordia Summit

The S&P 500 could fall by 25% if the US enters severe recession, according to economist Nouriel Roubini.  "Dr. Doom" told Bloomberg such a move could happen if the US contracts sharply but not by as much as during 2008. Roubini's estimate would see the S&P 500 around its lowest levels of the current bear market. 

US stocks could tumble to their worst levels...

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