Recession Expert Fears Surge

This is a news story, published by Yahoo Finance, that relates primarily to Peter Williams news.

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recession BS

Yahoo Finance

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This week's Morning Brief: What we're watching in economic data and earnings

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Two top Wall Street banks raised their recession probabilities this week .

All this recession talk feels like BS to me, an excuse to shake out the average investor so institutional players could get back into high-flying names at cheaper prices.

The majority of well-known public companies are easily beating sales and profit forecasts, not shocking the masses with giant misses.

Labor market developments of late "seem more consistent with post-reopening normalization and gradual rates drag than any current shock or accelerating weakness but the risk is present," said 22V Research strategist Peter Williams .

What's not fair is all this recession hysteria talk, he says.

Three times each week, I field insight-filled conversations with the biggest names in business and markets.

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