Jason Trennert, Strategas Research Partners chairman and CEO, joins ‘Squawk on the Street’ to discuss Trennert’s economic forecast, what breaks the strong employment numbers, and more. For access to live and exclusive video from CNBC subscribe to CNBC PRO:
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BREAKING: Recession News
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In recent months, economic indicators have been suggesting that a recession may be on the horizon. According to Strategas Research’s Jason Trennert, there are several reasons why we should be concerned about the possibility of a recession occurring this year.
First, there is mounting evidence that the global economy is slowing down. Many countries, including China and Germany, have seen a drop in economic growth over the past few quarters. This slowdown has been driven by a combination of factors, including rising trade tensions, slower demand for commodities, and tighter monetary policy in the United States.
Second, there are signs of weakness in several key sectors of the U.S. economy. For example, the housing market has been cooling off in recent months, with home sales and prices both dropping. Additionally, the manufacturing sector has shown signs of weakness, with orders and output declining.
Third, the yield curve is flattening, which is often seen as a warning sign of a coming recession. The yield curve measures the difference between yields on short-term and long-term bonds. When the curve flattens or inverts, it suggests that investors are losing confidence in the long-term economic outlook and are demanding higher yields on short-term bonds.
Given all of these factors, Trennert believes that a recession is “likely” this year. However, he also notes that there are still several factors that could help to prevent a downturn, including a resolution to the ongoing trade disputes and a more accommodative monetary policy from the Federal Reserve.
So what should investors do in the face of this uncertainty? Trennert advises caution, recommending that investors focus on high-quality companies with strong balance sheets and sustainable payout ratios.
Ultimately, while the possibility of a recession is cause for concern, it’s important to remember that economic cycles are a normal part of the business cycle. By staying informed and maintaining a long-term investment strategy, investors can weather even the most challenging economic conditions.
They have been saying this for 2 years where is it at?
I thought we were already in a recession
Exactly why i enjoy market decisions being guided by a pro, seeing that their entire skillset is built around going long and at the same time both employing risk and management and market experience, been using a portfolio coach for over 2 years+ and I’ve netted $3 million in that time frame
We have been in one.
A number of the most eminent market experts have been expressing their views on the severity of the impending economic downturn and the extent to which equities might plummet. This is because the economy is heading towards a recession and inflation is persistently above the Federal Reserve's 2% target. As I'm aiming to create a portfolio worth no less than $850,000 before I turn 65, I would appreciate any advice on potential investments.
Wait….didn’t NBCs god, Joe Biden, say the economy is doing great. You better change your story, … NOW!
I would sell anything cnbc says
“There’s more and more of a concern that incoming data is revealing that the Fed might be a little bit behind the curve than maybe they expected heading into this year,” said Bipan Rai, North America head of FX strategy at CIBC Capital Markets in Toronto. In my portfolio, I'm noticing more red than green. How are other people in this market raking in over $350k gains within months
Sarah just keeps getting hotter and hotter. Only reason I tune into CNBC.
Recession may be in America but not in India .
Success depends on the actions or steps you take to achieve it. Building wealth involves developing good habits like regularly putting money away in intervals for solid investments.
Financial management is a crucial topic that most tend to shy away from, and ends up haunting them in the near future..,My 2 cents -get an advisor to keep you accountable and aid you make better decisions, Gregory Thomas Patchak has been helping me a lot, all through my journey. I find it better to pay a little bit more for peace of mind than worry about money or market trends and still get burned..
I guess, if you predict recession year after year, eventually you’ll be right.
Some economists have projected that both the U.S. and parts of Europe could slip into a recession for a portion of 2023. A global recession, defined as a contraction in annual global per capita income, is more rare because China and emerging markets often grow faster than more developed economies. Essentially the world economy is considered to be in recession if economic growth falls behind population growth.
..Nobody can become financially successful overnight. They put in background work but we tend to see the finished part. Fear is a dangerous component, hindering us from taking bold steps we need in other to reach our goals. you have to contend with inflation, recession, decisions from the Feds and all. I was able to increase my portfolio by $289k in months. You have to seek for help in the right places
As the economy crisis keep rising,one needs to have different streams of Income, as well as secure a profitable Investment future. detailed diversified Investment portfolio in the financial markets is needed to survive!!!..
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Its because we already had one when we had 2 neg quarter readings in 2022 but suddenly academics decided it was time to redefine a recession
investing is a way to set aside money while you are busy with life and have that money work for you so that you can fully reap the rewards of your labor in the future. Invest wisely.