Getty Images; Jenny Chang-Rodriguez/BIThe S&P 500 could see 12% drop if a recession strikes, according to Bank of America.Strategists said they see a recession sending the S&P 500 to 5,000 in their bear case.Wall Street has had its eye on a potential downturn amid tariff uncertainty and growth concerns.Investors who think a recession is in the cards this year should brace for a double-digit correction to rattle the stock market, according to Ban…