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Jefferies' David Zervos advises against succumbing to recession fears


David Zervos, Jefferies chief market strategist, joins 'The Exchange' to discuss the U.S. economy heading into 2023 and the likelihood of a soft landing. 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)


BREAKING: Recession News
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As the COVID-19 pandemic continues to shake global economies, fears of a recession are quickly rising. However, David Zervos, Chief Market Strategist at Jefferies, is urging investors not to get caught up in these fears. Zervos argues that while the pandemic is causing significant disruptions, it's essential to keep a long-term perspective. He points out that the stock market has a history of recovering from crises, and economic growth has almost always resumed after downturns. Furthermore, Zervos notes that monetary policies are in place to support the economy during these challenging times. The US Federal Reserve has already made several rate cuts, and other countries are enacting similar measures to bolster their economies. Zervos also recommends that investors avoid making reactionary decisions based on short-term market swings. Instead, he advises focusing on diversification, long-term planning, and maintaining a stable investment strategy. While it's natural to be concerned about the potential impact of a recession, Zervos reminds us that it's important to stay calm and avoid rash decisions. By staying level-headed and sticking to a well-informed investment plan, investors can weather even the most severe economic storms. https://inflationprotection.org/jefferies-david-zervos-advises-against-succumbing-to-recession-fears/?feed_id=94872&_unique_id=64565412a9a75 #Inflation #Retirement #GoldIRA #Wealth #Investing #breakingnews #business #CNBC #economy #Finance #investing #kellyevans #money #news #newsroom #politics #Stocks #theexchange #WallStreet #RecessionNews #breakingnews #business #CNBC #economy #Finance #investing #kellyevans #money #news #newsroom #politics #Stocks #theexchange #WallStreet
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