Expect a U.S. Recession That Will Ravage Markets and Could Send Stocks Spiraling Down 24% Next Year, Bank of America Says A recession next year will trigger a 24% sell-off in the S&P 500, Bank of America warned Wednesday. Previous Article Watch the Pitch That Scored Investment (And a Lot of Tears) Next Article Dwayne 'The Rock' Johnson Used to Steal Snickers From 7-Eleven 'Every Day.' Now He's Righting His Old Wrongs.