#yahoofinance #economy #recession
Yahoo Finance Live takes a look at year-end forecasts on the first full market day of the second half of 2023. Brian Levitt, Invesco Global Market Strategist, and Yelena Shulyatyeva, BNP Paribas Senior U.S. Economist, discuss inflation and the possibility of an economic downturn. Shulyatyeva says, “We are expecting a recession this year.” While Levitt says, “The economy is still too strong to be talking about a near-term recession.”
Subscribe to Yahoo Finance:
About Yahoo Finance:
At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources, international market data, social interaction and mortgage rates that help you manage your financial life.
Yahoo Finance Plus: With a subscription to Yahoo Finance Plus get the tools you need to invest with confidence. Discover new opportunities with expert research and investment ideas backed by technical and fundamental analysis. Optimize your trades with advanced portfolio insights, fundamental analysis, enhanced charting, and more.
To learn more about Yahoo Finance Plus please visit:
Connect with Yahoo Finance:
Get the latest news:
Find Yahoo Finance on Facebook:
Follow Yahoo Finance on Twitter:
Follow Yahoo Finance on Instagram:
Follow Yahoo Finance Premium on Twitter: …(read more)
BREAKING: Recession News
LEARN MORE ABOUT: Bank Failures
REVEALED: Best Investment During Inflation
HOW TO INVEST IN GOLD: Gold IRA Investing
This is the most anticipated recession,” strategist says
The U.S. economy has been the center of attention and speculation for quite some time now. With escalating trade tensions, geopolitical uncertainties, and fears of an economic downturn, many experts have been closely watching the indicators to determine when the next recession will hit the world’s largest economy. As the warnings persist, a strategist has made a bold statement, calling this impending recession the most anticipated one to date.
Typically, recessions catch us by surprise. They are characterized by a significant decline in economic activity, often resulting in job losses, declining consumer spending, and decreasing business investments. However, this time, the impending economic downturn has been widely discussed, analyzed, and predicted. Even though the exact timing remains uncertain, it seems like everyone is waiting for the other shoe to drop.
The strategist’s assertion that this is the most anticipated recession stems from the continuous speculations and warnings that have dominated economic discussions over the past few years. Many economists and financial analysts have noted the growing vulnerabilities in the U.S. economy and have been vocal in their concerns. Issues such as the inverted yield curve, rising levels of corporate debt, and the weakening manufacturing sector have fueled these fears.
One of the primary contributors to this highly anticipated recession is the ongoing trade war between the United States and China. The two largest economies in the world have been locked in a battle of tariffs, which has significantly impacted global growth prospects. The uncertainty surrounding trade policy has led to a decline in business investments and disrupted supply chains, negatively impacting both American and global businesses.
Geopolitical tensions, such as the Brexit saga and unrest in the Middle East, have also contributed to the concerns about the U.S. economy. These external factors, combined with the domestic challenges faced by the Trump administration, have created a perfect storm of economic uncertainty.
While there have been persistent concerns, the U.S. economy has managed to remain robust so far. In fact, unemployment rates are at historic lows, and consumer spending has remained strong. However, experts argue that these positive indicators could be masking underlying vulnerabilities. The prolonged period of economic expansion, which started after the global financial crisis in 2008, has created imbalances that could unravel during an economic downturn.
The Federal Reserve, the central banking system of the United States, has attempted to preemptively cushion the economy by lowering interest rates. This move, aimed at boosting borrowing and spending, has been met with mixed reactions. Some argue that this measure may help to prolong the current economic expansion, while others worry about the diminishing effectiveness of monetary policy tools in combating the next recession.
While the anticipation for an economic downturn persists, it is important to note that predictions are not always accurate. The global economic landscape is complex and unpredictable, with numerous external factors that can sway the trajectory of even the most well-founded predictions. Nevertheless, the growing consensus among experts about an impending recession in the United States warrants attention and preparation.
Businesses, consumers, and policymakers should carefully monitor trends, diversify risk, and make informed decisions to safeguard against potential economic turbulence. It is during challenging times that organizations and individuals need to be proactive and adapt to changing circumstances. By being proactive and staying well-informed, we can better weather the storm, whenever it may arrive.
Hmmmm…..Yelena seems to be pretty wrong….she sounds like a perma-bear that cannot accept bullish data and evidence as possible. Listening to people like these will make you miss out on investment opportunities of a lifetime.
When i was a teenager studying economics in high school.i started buying gold krugerands for $48CA. over the next 50 yrs buying 1 a yr .still dont feel comfortable
“Some people worry. Others prepare.” – Robert Kiyosaki
You cannot be late cycle without a recession on the horizon and any "pro" forecast ming a recession more than a year away isn't worth listening to. Buy and hold long now.
Forward PE of 20 at the bottom of the bear market? Is this guy stupid? Bear market bottom tends to have low PE, not the lowest, but fairly low. PE of 20 would be considered top 10% and never reached except for 2020 and tech bubble. Try 14-16 PE instead.
Ignore the noise …….
There doesn't look like investors. it looks more like short-term traders.
Thirsty or what?