Tony Dwyer from Canaccord predicts high possibility of U.S. economy entering recession in upcoming months

by | Apr 9, 2023 | Recession News | 47 comments

Tony Dwyer from Canaccord predicts high possibility of U.S. economy entering recession in upcoming months




Canaccord Genuity’s Tony Dwyer makes sense of today’s market action. With CNBC’s Melissa Lee and the Fast Money traders, Courtney Garcia, Karen Finerman, Dan Nathan and Guy Adami. 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


According to Canaccord’s chief market strategist Tony Dwyer, it is more probable that the United States’ economy will fall into recession in the next few months. As of now, the U.S. has officially entered the longest economic expansion in history since the end of the Great Recession ten years ago. However, several key indicators are pointing towards an impending downturn.

Dwyer believes that the primary reason for the potential recession is because the U.S. Federal Reserve and other central banks worldwide have not cut interest rates enough to offset the current global slowdown. In addition, the ongoing trade war with China and other countries, as well as the geopolitical tension in the Middle East, have made investors increasingly nervous and unstable.

See also  Investor Alert: Essential Information to Navigate the Imminent 2023 Financial Crisis

He also said that the yield curve inversion, a phenomenon where long-term bond yields fall below short-term yields, can signal a coming recession. The curve inversion has historically been a strong indicator of an oncoming economic downturn. And when it comes down to the U.S. Treasury yield curve, an inversion has preceded every recession in the past 50 years.

The stock market is also sending warning signs, as the S&P 500’s earnings have been slowing down over the past couple of quarters. When earnings begin to slow down, it can often mean that companies are struggling to grow their revenue and may have to cut back in order to maintain their bottom line.

Furthermore, Dwyer adds that the U.S. economy is already at a disadvantage because of the sluggish growth of other economies worldwide. Emerging markets, which were once considered to be the driving force behind global growth, have also deteriorated, creating a downside for the U.S. economy.

While no one can predict with certainty whether a recession will happen or not, it is worrisome that several key indicators are pointing towards an impending downturn. According to Dwyer, investors should consider taking a more defensive stance with their stock market portfolios and focus on companies with strong cash flows, good dividends, and dividend growth.

It is crucial for policymakers and central bankers to take heed of these warning signals and take steps to minimize the impact of an oncoming recession. It remains to be seen whether the global economy will be able to cope with the potential repercussions of a U.S. recession.

See also  The Impact of Inflation on Stock Market Investments and Retirement Planning
Truth about Gold
You May Also Like

47 Comments

  1. Paul Jenkins

    The Fed cannot tolerate an unemployment rate that “the economy can handle”. It needs to open up an output gap to reduce inflation.

  2. Tom Jason

    the lesson is: for every purchase you make, you can't buy something else. Varied sources of income is wise and especially living within your means. Think about taxes and how you get your income. I made $160K combined net last year and paid no Federal taxes. I own a 23 y/o vehicle because that's all I need and I like it well enough and I can do anything I want to. I can pay my bills with no stress, but I don't live like I have that. I have no complaints but ideas to help multiply sources of income will be nice

  3. Jaguar girl

    Going to get worse. Wait for it….Good job Biden. You just gave the East the best gift ever…by being the worse leader EVER. You played the cards right into their hands. Very impressive that somebody like Biden can achieve that in 2 years. USA still have to deal with Biden as their great senile leader for appr another 1.5 years. That is a loooong time. That is real turture!

  4. Judith

    When all fails, they go to war based on lies. 65% of US citizens are living paycheck to paycheck. livable wage is a myth. No money for social programs, yet immediate welfare $, in the billions, to big corp and banks. Can someone explain why over 50% of commercial buildings are empty?…oops I forgot, all mergers and acquisitions of companies, under big corp control. Fund the FTC, and break up this monopoly. This is the reason food and gasoline prices is so exorbitant. If war is instigated, watch prices skyrocket.

  5. donald ardean

    As recession fears mount on Wall Street and inflation remains well above the Fed's 2% target, some of the top commentators in markets, business, and economics have been sounding off on just how bad they think the next downturn might be — and how far stocks may have to fall. I need ideas and advice on what investments to make to set myself up for retirement, my goal is to have a portfolio of at least $850k at the age of 60.

  6. Jesse StLouise

    I don't know who, however a person needs to pay attention to this! you have to stop relying on the government and saving all of your money . Venture into making an investment a few in case you actually need monetary freedom. Talking from experience. All my life I have never earned up to $500k until I learned how to invest.

  7. Samanthwalter Archie

    Amazing video, A friend of mine referred me to a financial adviser sometime ago and we got talking about investment and money. I started investing with $120k and in the first 2 months , my portfolio was reading $274,800. Crazy right!, I decided to reinvest my profit and gets more interesting. For over a year we have been working together making consistent profit just bought my second home 2 weeks ago and care for my family.

  8. Jbone

    No $hit

  9. Jacob Dawson

    You're Absolutely right, but citizens needs to help themselves, and stop hoping on government to help them,if you have a job,own a business, military or work with the government you can still go online make money through social media,stock market, crypto meta.its called side hustle.

  10. DayTrader

    When you see the s&p 500 goes to 3500, thats the start of the bounce and bull market.

  11. Walter Thomas

    It doesn't matter if you are a current hodler or a newbie, you can capitalize on the fluctuation of forex by trading with good strategy/signals.

  12. Sarocklivinglarge

    Instead of trying to predict and prognosticate whether or not we’re going into a recession and precisely when it’s going to happen, a better strategy is simply having a portfolio that’s well prepared for any eventually, that’s how some folks' been averaging 150K every 7week these past 4months according to Bloomberg.

  13. Massimo Dutti

    Blah blah …just talking nothing else

  14. instinctively_awesome

    this year will be a year of severe economic pain all over the nation.. what steps can we take to generate more income during quantitative adjustment?I can't afford my hard-earned $180,000 savings to turn to dust

  15. John Smith

    I'm going to buy SVB Bank stock because Jim Cramer told me to, and he's always right.

  16. Jordan

    hello guys. it feels good to be here. I have made good out of my

    income

  17. Lukas

    they fist cause the infaltion, and then they want to fix it with unemployment. idiocy at it's best. that's like if i kick someone and then want to cure him with punching him in the face

  18. Sulpicio Jr Ponsica

    hahaha they tried to make fear so people will sell all there stock in low price and then the billionaire will by them all

  19. Jackie James

    All the money thievery is taking a sledgehammer to society. Not just the evil billionaires thievery, Every movie star, musician, sports player, etc. That accepts Ludacris amounts of money they are not entitled to but instead a fair wage. They are also guilty of this horrible evil of destroying the United States. All thieves, whoever they are, will have to pay the piper and good riddance to the ones who's tab is so high, suffering is included in the debt payment. Not to mention what the book of revelation says is waiting for them.

  20. Heglin Ray

    The way I see it this recession most likely has an external cause. The United States is losing influence as a federal currency for the first time in decades. They don't have any more economies to utilize to control their inflation, and less money is being spent on stock and oil trading than previously. They all lend credence to the hypothesis that a new multilateral world order may be in the works.

  21. jessica moore

    Year-over-year inflation stood at 6.5% in December 2022—the lowest that figure has been in more than a year. Inflation was in line with what economists expected and gave many of them a reason to believe that the peak of inflation may be behind us. I have approximately $150k stagnant in my port_folio that needs growth. What is the best way to take advantage of this downturn?

  22. Aaron

    Stocks

  23. simon fes

    Year-over-year inflation stood at 6.5% in December 2022—the lowest that figure has been in more than a year. Inflation was in line with what economists expected and gave many of them a reason to believe that the peak of inflation may be behind us. I have approximately $150k stagnant in my port_folio that needs growth. What is the best way to take advantage of this downturn?

  24. Erik Kurilla

    Instead of trying to predict whether or not we’re going into more recession and keep losing your money, a better strategy is simply having a portfolio that’s well prepared for any eventually, that’s how some folks' been averaging 150K every quarter according to Bloomberg.

  25. Dara Harnois

    The fin-Market have underperformed the U.S. economy as fear of inflation hammers the prices of stock;s and bonds. My portfoliio of $250k is down to $192k any recommendation;s to scale up my return;s during this crash will be highly appreciated

  26. Ginger Kilkus

    My greatest concern is how to recover from all these economic and global troubles and stay afloat especially with the political power tussle going on in US.

  27. Will Thomas

    Pack your stuff up your going downtown.

  28. Candace Dean

    It is what it is! During this austere times, protecting one's capital is much more important than making money. Basically because if one loses one's capital, making money is much harder. ''Missing the train'' vs. ''losing your money''. There are a lot of trains, but if your money is gone, it's over.

  29. J Royal

    Okay well 1 or 2 of you need to lose your job then. You guys deal with employment and peoples lives as just a number.

  30. Sheri Swink

    Quite sad what's happening in the market. Although, even the worst recessions offer wonderful buying opportunities in the markets if you're cautious. Volatility can also result in excellent short-term buy and sell opportunities. The market circumstances are driving me insane, my portfolio has lost almost $13K this month alone, my earnings are tanking. I'd appreciate some financial advice from anyone who knows more going forward.

  31. Joseph Gonzalez

    I believe that in the end of our lives the only thing that matters is if we received the only thing you get to keep and that is the eternal life God offers by receiving the Lord Jesus Christ. Everybody should give their life to Christ it as easy as receiving a birthday gift God offers us. If you haven't received Jesus Christ in your life do it now because after you die it's too late.
    Say this prayer out loud as if God can hear you because He can say:

    LORD JESUS CHRIST I REPENT OF MY SINS FORGIVE ME FOR MY SINS.

    COME INTO MY LIFE, HELP ME TO LIVE LIFE IN THE GOODNESS OF GOD.
    I MAKE YOU MY LORD AND SAVIOR. In Jesus Christ name Amen
    The bible says if you confessed Jesus is Lord you shall be saved. You should find a bible believing church. Read the Bible yourself every day or listen to it being read on YouTube not to be saved but to build your faith The Lord Jesus Christ already paid for you to be saved on the cross God won't reject you He loves you, pray ask God everyday he hears and He cares for you and love's you in Jesus name.

  32. David C Tripp

    The good thing about the space is that you can buy the dips and put them into active trades making profits from trades while confidently waiting for a pump in price because it is inevitable. Most people do not understand how the space works. Your advantage is understanding, Charts won’t guarantee what an asset is going to do. Prices will go up or down. Nevertheless, the market has been so profitable despite price ups and down. I've always played safe implementing trades with insights and signals from a renowned trader, Ryan Donalds. I made 9.3 BTC from the recent crash in the market within a period of six weeks.

  33. Troy Ingram

    Right now the reparations commission is telling beneficiaries the government can deliver 200 trilllion.

  34. Adam Wickens

    It amazes me greatly the way I move from an average lifestyle to earning over 63k per month, utter shock is the word. I have understood a lot in the past few years to doubt that oppor-tunities abound in the financial markets, The only thing is to know where to focus….Thanks so much Rodger Michael Karl.

  35. Linda Addams

    The best part about having money is not thinking about money; it is not about the cars, the jewelry, or the flex. It's about security, about knowing you don't have to worry about anything. INVEST now if you want to break the code to financial independence, retire early… I've made more than $5 million in three years.

  36. Randy Gibson

    If you want to be successful in life, have mindset of the rich, spend less and invest more.

  37. Ben Frankly

    The Market have been suffering over the past month, with all the three indexes recording losses in recent weeks. My $400,000 portfolio is down by approximately 20%, any recommendations to scale up my returns before retirement will be highly appreciated.

  38. Alfred Look

    I feel one Of the greatest challenges that we first timers face in the ma rket is that we end up losing all we have,making it difficult to find ourselves back to our feet. My biggest advice is to always seek the services of a professional just like I did when I ventured into it for the first time. Big thanks to Mrs Adriana Chloe. I now make huge profits by weekly through her services while still learning to stand on my own.

  39. Clara Lynn

    Year-over-year inflation stood at 6.5% in December 2022—the lowest that figure has been in more than a year. Inflation was in line with what economists expected and gave many of them a reason to believe that the peak of inflation may be behind us. I have approximately $150k stagnant in my port_folio that needs growth. What is the best way to take advantage of this downturn?

  40. Douglas Flandermeyer

    Avoiding recession is easy. Just change the definition.

  41. mavshorts

    we been in recession since summer 2022!

  42. Bobby Blue

    Interesting how 2% inflation has been a concern when central banks and the Fed begin to hike interest rates. I consider the rising interest rate to be a very serious issue since it will undoubtedly cause more investors to withdraw their money from the stock market. This may have worked when I was only using a few thousand dollars to invest, but it is more challenging to decide to withdraw more than $365,000 from my account at this point. Despite the severe bear market, I am aware of certain investors that continue to earn that amount. I wish I could accomplish that.

  43. Ibrahim Ashraf

    I HAVE ATTRACTED SO MUCH LOSES TRADING ON MY OWN … I TRADE WELL ON DEMO BUT I THINK THE REAL MARKET IS MANIPULATED. CAN ANYONE CAN ANYONE HELP ME OUT ? OR AT LEAST TELL ME WHAT AM DOING WRONG?

  44. C Carta

    It seems a recession is the only way to stop inflation..prices will come down when nobody can afford to buy anything..

  45. Selena jack

    The stock market is currently experiencing a decline while bond yields are on the rise. However, there seems to be skepticism amongst investors regarding the Federal Reserve's plan to continue increasing interest rates until inflation is stabilized. As for myself, I find myself at a crossroads, uncertain whether to liquidate my $250,000 stock portfolio. I'm seeking advice on the best strategy to capitalize on this current bear market.

  46. Louisa Irvin

    We experienced the pinnacle of our era, but it is now gone. Like what happened to Rome, the corrupt administration will bring this nation to an end. My condolences go out to anyone who is close to retiring and may be worried about whether their pension will be enough to pay the rising cost of living. Insane fiscal policy, poor regulatory policy, poor energy policy, and poor foreign policy

U.S. National Debt

The current U.S. national debt:
$35,866,603,223,541

Source

ben stein recessions & depressions

Retirement Age Calculator

  Original Size