‘Definitely Not a Recession’ says Economist Stocks Plow Through Slump

2019-10-5 15:25

According to Tressis chief economist Daniel Lacalle, markets are not pricing in a recession as stocks avoid a steep downturn. “Markets are not pricing a recession at all. Stocks have risen way above earnings growth and macro, so markets are actually more likely to be discounting more easing, but definitely not a recession,” he said.

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Wall Street Wonder Warns of Growth-Pocalypse, Looming Recession

By CCN: Stocks in some sectors are teetering on the brink of a bear market, and one Wall Street veteran believes it’s going to get worse. Mark Yusko, who is at the helm of Morgan Creek Capital Management, says that the bears are already out and stocks are going to finish the year lower by a double-digit percentage, according to his interview on CNBC.

2019-5-23 03:30