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
|01/24/2020||Posted by BusinessMediaguide.Com under General World News||
- 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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