Stephanie Link, Hightower Advisors chief investment strategist, joins CNBC’s ‘Squawk Box’ to discuss earnings and equities, why she believes it’s too early to say the U.S. economy is in a recession, and more. For access to live and exclusive video from CNBC subscribe to CNBC PRO:
» Subscribe to CNBC TV:
» Subscribe to CNBC:
Turn to CNBC TV for the latest stock market news and analysis. From market futures to live price updates CNBC is the leader in business news worldwide.
Connect with CNBC News Online
Get the latest news:
Follow CNBC on LinkedIn:
Follow CNBC News on Facebook:
Follow CNBC News on Twitter:
Follow CNBC News on Instagram:
#CNBC
#CNBCTV …(read more)
BREAKING: Recession News
LEARN MORE ABOUT: Bank Failures
REVEALED: Best Investment During Inflation
HOW TO INVEST IN GOLD: Gold IRA Investing
Despite widespread concerns about the state of the economy, Stephanie Link, chief investment officer at Hightower, says that the United States is not currently in a recession.
In an interview with CNBC, Link stated that she does not believe the data supports the idea that the U.S. is in a recession. She pointed to unemployment numbers, consumer spending, and other economic indicators as evidence that the economy is still in relatively good shape.
Link’s comments come as many economists and market analysts have been expressing fears of an impending recession. The ongoing trade war with China, slowing global growth, and an inverted yield curve have all contributed to these concerns. However, Link believes that while there may be some headwinds facing the economy, it is still fundamentally strong.
One of the key factors that Link points to is the robust consumer spending that has continued to drive the economy. Despite some signs of slowing, consumer confidence remains relatively high, and households are still spending money on goods and services.
Additionally, Link highlights the strong labor market as evidence that the economy is not in a recession. Unemployment is at historic lows, and wages have been increasing, which she believes will continue to drive consumer spending and economic growth.
While Link acknowledges that there are risks to the economy, such as ongoing trade tensions and geopolitical issues, she remains optimistic about the outlook for the U.S. economy. She believes that the Federal Reserve’s recent interest rate cuts and other policy measures will help to support continued growth.
Ultimately, Link’s comments provide a different perspective on the current state of the economy. While many are sounding the alarm about a potential recession, she believes that the U.S. is still in a position of strength. As investors and policymakers continue to monitor economic data and market conditions, it will be important to consider a variety of viewpoints, including those of experts like Stephanie Link.
I have been buying some stocks since the beginning of the year, but nothing substantial. Why am I treating this poorly? However, people in the same profession are earning six figures on articles, which inspires me to aim toward becoming the first person in my polygamous family to hit the million dollar mark. I am perfectly aware that working harder to gain more money is expensive.
ok so maybe if people retire
were in a boom if we hire felons
Not yet?
She's dead wrong. The recession has started and things are about to get worse for everyone.
Granny is wrong.
how can there be a recession with record employment??
We have been waiting for a recession for two years
ANOTHER CNBC TALKING CLOWN NETWORK
I don`t understand why this is even a debated topic. We have text book definition of what a recession is. Currently we are not in a recession.
I like Steph’s outlook. She lives in the moment which is fine. But she always remains cautious.
Lol as layoff announcements continue to roll in
China isn't doing that great. If you exclude their infrastructure stimulus China's economy shrank by upwards of 10 percent. There is not evidence to suggest that the Chinese economy has stabilized after the covid19 lockdowns. The best you can describe China right now is high volatility high risk low return.
This lady is clueless about life.
She is so out of touch
Lol. A fifth of the jobs created were government jobs and many of the remaining were service industry jobs. Earnings are going to come down and the reduction in job listings reflects that sentiment.
We are entering a recession.
The title of this video had me intrigued!
Permabull Stephanie as usual
I am a small Business owner we are feelings it.. Recession has started. customer flow has slowed down…