A roller-coaster year is coming to an end on American bourses. Hit by high inflation, the Federal Reserve's aggressive interest rate hikes, and Russia-Ukraine conflicts in 2022, the S&P 500 has fallen nearly 20 percent and the Nasdaq 100 index down by 30 percent. For now, the gloomy economic outlook still hangs over Wall Street. Experts predict the U.S. economy will experience a recession in 2023, casting a pall over the stock market. In this episode of BizBeat, CGTN's Aaron Liu explains.