Six out of ten retail traders expect a recession in 2023 according to a survey conducted by online trading platform and CFD broker Capital.com.
The recession could last years
The broker recently quizzed more than 4000 of its clients on a variety of market-related topics.
When asked how severe they expected any recession to be, 40% of respondents said that it would be a multi-year downturn, whilst 47% forecasted a mild short-lived recession.
A sizeable minority, numbering 25% of the clients questioned, didn't expect a recession at all in 2023, and another 12% were undecided.
An increasing appetite for short sales
Capital.com also asked the sur...