#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.”
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Thirsty or what?
Nooooooo
Thank you for this helpful and interesting content! 😊
There doesn’t look like investors. it looks more like short-term traders.
Most of the people who come here on TV are
Ignore the noise …….
The INVESCO guy is way more credible….not sure about the lady….
Continue to invest on the buy and hold stocks. Sell the short term risky ones with stop loss set. 😊
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.
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.
“Some people worry. Others prepare.” – Robert Kiyosaki
Powell piloted the economy to a soft landing 🛩 but everyone wants to fly again
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
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.