Leading Wall Street economist Nancy Lazar says 19 states are already in recession as consumer debt levels rise and confidence declines.
WEALTHTRACK Episode #2047 broadcast on May 18, 2024Listen to the audio-only version here:
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NANCY LAZAR
- Chief Global Economist & Head of Economic Research, Piper Sandler
ACTION POINT
INVEST IN FREEDOM
- Markets in democratic countries outperform those in autocratic ones.
ONE INVESTMENT
LAZAR: HOLD SOME CASH ON THE SIDE
Concerned about:
- Profit margins and earnings outlook
- Sticky inflation
- Possible slow response by the Fed
- Severe market decline
Also, watch the episode from last year.
FROM THE ARCHIVE
Nancy Lazar from the WEALTHTRACK Archives:
WEB EXTRA
CHINA’S PROBLEMS
Nancy Lazar never bought into the popular theory that China would one day dominate the global economy and surpass the U.S. She explains why it is even more unlikely now.