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BNY Mellon's Alicia Levine asserts that there is no sign of a recession on the horizon

Alicia Levine, BNY Mellon head of investment strategy, joins 'Closing Bell' to discuss the Dow's rally and how the Fed's next move will determine how long it'll last. 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 LEARN MORE ABOUT: Bank Failures REVEALED: Best Investment During Inflation HOW TO INVEST IN GOLD: Gold IRA Investing
Recession appears nowhere in sight, says BNY Mellon's Alicia Levine Despite lingering concerns and uncertainties in the global economy, Alicia Levine, Chief Strategist at BNY Mellon Investment Management, argues that a recession is not on the horizon. Levine's analysis provides a glimmer of hope at a time when many individuals and businesses are experiencing economic anxiety. Levine's confidence stems from a variety of factors. Firstly, she highlights the robustness of the U.S. economy, which continues to demonstrate resilience and steady growth. With unemployment rates at historic lows and wage growth gradually increasing, consumers are buoying the economy by confidently spending their earnings. This strong consumer activity serves as a solid foundation for avoiding a recession. Additionally, Levine acknowledges that while several macroeconomic indicators may cause concern, they do not necessarily signal an imminent recession. Factors such as fluctuating global interest rates, ongoing trade tensions between major economies, and geopolitical risks are undoubtedly relevant and should not be disregarded. However, they do not automatically translate into a future recession. Levine argues that these uncertainties have been priced into the market and are, to some extent, already factored into companies' strategies. Levine further emphasizes that central banks around the world, including the U.S. Federal Reserve, have taken proactive measures to buffer the economy. By easing monetary policy and adopting accommodative stances, these institutions aim to support growth and stabilize any potential downturns. Such interventions provide reassurance that policymakers are vigilant and ready to take necessary actions to prevent a recession from materializing. Although Levine's optimistic viewpoint is encouraging, it is essential to remain cautious. Economic forecasting is an inherently challenging task, as it involves analyzing complex variables that are prone to unexpected twists and turns. While the current signs point toward stability, global events and economic shifts can quickly alter the trajectory. Ultimately, it is crucial for individuals and businesses to remain adaptable and proactive. Levine's analysis serves as a reminder to focus on long-term objectives while carefully monitoring any shifts in the economic landscape. By staying informed and making informed decisions, individuals can position themselves for success regardless of the economic outlook. In conclusion, the assertion by BNY Mellon's Alicia Levine that a recession appears nowhere in sight provides a glimmer of hope for individuals and businesses alike. By highlighting the strength of the U.S. economy, proactive measures taken by central banks, and the resilience of consumers, Levine's analysis brings a sense of confidence amidst global economic uncertainties. However, caution should be exercised, and prudent decision-making should prevail as the economic landscape continues to evolve. https://inflationprotection.org/bny-mellons-alicia-levine-asserts-that-there-is-no-sign-of-a-recession-on-the-horizon/?feed_id=141828&_unique_id=651ac7744d264 #Inflation #Retirement #GoldIRA #Wealth #Investing #breakingnews #businessnews #cable #cablenews #ClosingBell #CNBC #financenews #financestock #financialnews #money #moneytips #newschannel #newsstation #stockmarket #stockmarketnews #Stocks #usnews #worldnews #RecessionNews #breakingnews #businessnews #cable #cablenews #ClosingBell #CNBC #financenews #financestock #financialnews #money #moneytips #newschannel #newsstation #stockmarket #stockmarketnews #Stocks #usnews #worldnews
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