A potential US recession will be mild and more in line with ‘light rain’ as opposed to a hurricane, says Pimco strategist
July 16, 2022 at 08:55 AM EDT
A looming US recession may not be as severe as Wall Street fears, according to Anthony Crescenzi, executive vice president, market strategist, and generalist portfolio manager at Pimco. Last month, JPMorgan CEO Jamie Dimon used a weather analogy when he warned that an economic hurricane is on the … Source
