News and Commentary

Bloomberg Asks Experts If A Recession Is Near. Their Answer: Nahhh.

Hank Berrien
Bloomberg Asks Experts If A Recession Is Near. Their Answer: Nahhh.
Photo by Colin Anderson Productions pty ltd/GettyImages

Bloomberg spoke to financial experts about the possibility of a recession in the near future, and their general reaction was … nahhhh.

John Stoltzfus, chief investment strategist at Oppenheimer Asset Management, “There’s another story out there that’s gathering the attention of investors. The fundamentals remain intact in the sense of the U.S. economy, which continues to show us sustainability. The slowing does not appear to us to be recessionary.”

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