Risk of a recession is being overlooked by investors: Investment expert - BNN Bloomberg

Speaking to BNN Bloomberg’s Paul Bagnell on Monday, Colin Stewart, chief executive officer and portfolio manager at JC Clark Limited, said the visible slowdown in demand for goods and services, alongside direct caution from the U.S. Federal Reserve, is signalling a clear recession ahead that equity investors appear to be ignoring.

While he isn’t calling for a repeat of the 2008-2009 financial crisis, he does believe the markets are bound to suffer from an economic blow that is not being priced in.A leading indicator he is watching is the decline in cargo transportation. Stewart warned that this shows consumers are not buying as many products as before.

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Why you should keep your savings in an investment account rather than at a bank. Plus, the latest twist for Algonquin Power investorsA roundup of investment ideas for active investors
Source: globeandmail - 🏆 5. / 92 Read more »

The Week Ahead: Canada inflation data; Earnings from Home Depot, Canada Goose - BNN BloombergA look at what investors will be watching in the upcoming week.
Source: BNNBloomberg - 🏆 83. / 50 Read more »

U.S. stocks gain on hopes for debt ceiling breakthrough - BNN BloombergStocks and commodities climbed as investors bet that U.S. politicians will be able to negotiate a solution to the debt-ceiling standoff, with President Joe Biden voicing optimism that a deal could be reached.
Source: BNNBloomberg - 🏆 83. / 50 Read more »