Jason Trennert of Strategas Research predicts a probable recession for this year based on current indicators.
Jason Trennert, Strategas Research Partners chairman and CEO, joins 'Squawk on the Street' to discuss Trennert's economic forecast, what breaks the strong employment numbers, and more. For access to live and exclusive video from CNBC subscribe to CNBC PRO: » Subscribe to CNBC TV: » Subscribe to CNBC: Turn to CNBC TV for the latest stock market news and analysis. From market futures to live price updates CNBC is the leader in business news worldwide. Connect with CNBC News Online Get the latest news: Follow CNBC on LinkedIn: Follow CNBC News on Facebook: Follow CNBC News on Twitter: Follow CNBC News on Instagram: #CNBC #CNBCTV ...(read more)
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In recent months, economic indicators have been suggesting that a recession may be on the horizon. According to Strategas Research's Jason Trennert, there are several reasons why we should be concerned about the possibility of a recession occurring this year. First, there is mounting evidence that the global economy is slowing down. Many countries, including China and Germany, have seen a drop in economic growth over the past few quarters. This slowdown has been driven by a combination of factors, including rising trade tensions, slower demand for commodities, and tighter monetary policy in the United States. Second, there are signs of weakness in several key sectors of the U.S. economy. For example, the housing market has been cooling off in recent months, with home sales and prices both dropping. Additionally, the manufacturing sector has shown signs of weakness, with orders and output declining. Third, the yield curve is flattening, which is often seen as a warning sign of a coming recession. The yield curve measures the difference between yields on short-term and long-term bonds. When the curve flattens or inverts, it suggests that investors are losing confidence in the long-term economic outlook and are demanding higher yields on short-term bonds. Given all of these factors, Trennert believes that a recession is "likely" this year. However, he also notes that there are still several factors that could help to prevent a downturn, including a resolution to the ongoing trade disputes and a more accommodative monetary policy from the Federal Reserve. So what should investors do in the face of this uncertainty? Trennert advises caution, recommending that investors focus on high-quality companies with strong balance sheets and sustainable payout ratios. Ultimately, while the possibility of a recession is cause for concern, it's important to remember that economic cycles are a normal part of the business cycle. By staying informed and maintaining a long-term investment strategy, investors can weather even the most challenging economic conditions. https://inflationprotection.org/jason-trennert-of-strategas-research-predicts-a-probable-recession-for-this-year-based-on-current-indicators/?feed_id=95530&_unique_id=6458f9e8c81f8 #Inflation #Retirement #GoldIRA #Wealth #Investing #breakingnews #businessnews #cable #cablenews #CNBC #financenews #financestock #financialnews #money #moneytips #newschannel #newsstation #SquawkontheStreet #stockmarket #stockmarketnews #Stocks #usnews #worldnews #RecessionNews #breakingnews #businessnews #cable #cablenews #CNBC #financenews #financestock #financialnews #money #moneytips #newschannel #newsstation #SquawkontheStreet #stockmarket #stockmarketnews #Stocks #usnews #worldnews
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