Inflation, recession risks remain, stocks are fully valued: Damodaran

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 22 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 51%

Nigeria News News

The 'Dean of Valuation' warns inflation and recession risks remain - and stocks may disappoint bulls in the second half

Conquering inflation won't be easy, a US recession could still strike, and stocks could disappoint bulls in the second half, Aswath Damodaran says.

"That last stretch getting inflation down from 3% to below 2% will be trench warfare, and we will be exposed to macro shocks that can create inflationary shocks," Damodaran said. "There are signs that the economy is cooling and it is again entirely possible that this turns into a slow-motion recession, as real estate succumbs to higher interest rates and consumers start retrenching," Damodaran said.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in NG

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines