Sterner on ‘Elevated’ Chances of Recession This Year
Schwab Network · Schwab Network
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Show Notes
Eric Sterner thinks the fear of tariff impacts is the biggest problem in markets right now – but thinks tariffs themselves are “overblown.” He discounts risks from Israel’s attacks on Iran, and hopes we can see more resolution in trade from the G7 meeting. He looks at the shift in the macro environment between the Covid-19 pandemic and now. Eric also thinks the Fed will cut rates twice this year, with the first coming in September.
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