Why a recession isn't in the cards right now: Economist
Portfolio Pulse from
Steven Ricchiuto, chief economist at Mizuho Americas, suggests that current recession risks are being overstated. He believes investors' concerns about an economic slowdown are not fully aligned with strong economic data and positive market indicators.
March 18, 2025 | 11:30 am
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POSITIVE IMPACT
The SPY ETF could see positive movement if Ricchiuto's economic assessment proves accurate, indicating potential market stability.
If the economist's view that the economy is stronger than perceived is correct, it could boost investor confidence and potentially drive the S&P 500 ETF higher.
CONFIDENCE 75
IMPORTANCE 80
RELEVANCE 70