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The CEO and global markets chief at Barings broke down for us why they don’t fear an imminent recession — and revealed what would have to happen to change their mind

FILE - In this Jan. 2, 2020, file photo James Riley monitors stock prices at the New York Stock Exchange. Global stocks stabilized Tuesday, Jan. 7, and the price of oil edged off three-month highs, though investors remained cautious over rising tensions between the U.S. and Iran. (AP Photo/Mark Lennihan, File)

  • Barings CEO and Chairman Tom Finke says he doesn’t see any sign of a recession in the next year or two, which would help stocks build on their big gains from the past few months.
  • The $338 billion firm’s Global Markets Chief Michael Freno said inflation is the biggest threat to the market today, but it doesn’t look like an immediate concern.
  • In the meantime, Freno says strong consumer spending and low unemployment should keep the US economy growing for the foreseeable future.
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Source:: BusinessInsider.Com