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Strategies & Market Trends : Technology Stocks & Market Talk With Don Wolanchuk
SOXL 52.23-3.3%Jan 7 4:00 PM EST
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From: SGJ12/30/2024 1:59:31 PM
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2024: The year the predicted recession didn't happen....again:

Here’s a list of prominent CIOs and financial leaders who predicted or expressed concerns about a potential recession in 2024, based on their insights and strategies:

  1. Michael Wilson (Morgan Stanley): Cautioned about a liquidity crunch and its potential to trigger a recession.
  2. Peter Berezin (BCA Research): Warned of a U.S. recession by late 2024 or early 2025, predicting significant stock market declines.
  3. Bob Michele (CIO, JPMorgan Asset Management): Highlighted recession risks tied to persistent inflation and higher interest rates.
  4. Lisa Shalett (Morgan Stanley Wealth Management): Raised concerns about overvalued equities and potential market corrections.
  5. David Bianco (DWS Group): Cautioned about slowing corporate earnings and their impact on economic stability.
  6. Rick Rieder (BlackRock): Predicted that restrictive monetary policy could push the economy into a mild recession.
  7. Tony DeSpirito (CIO, BlackRock Fundamental Equities): Discussed concerns about uneven economic recovery leading to market instability.
  8. Lori Calvasina (RBC Capital Markets): Highlighted the possibility of recession due to slower consumer spending and tightening financial conditions.
  9. Mark Haefele (UBS Global Wealth Management): Warned about potential risks from geopolitical uncertainties and high global debt levels.
  10. John Stoltzfus (Oppenheimer Asset Management): Expressed caution regarding the economic impact of central bank policies and global trade tensions.
These experts were among those analyzing macroeconomic trends, central bank actions, and market conditions to forecast potential challenges ahead.

Follow the experts and never make any money.
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