Ken Fisher weighs in on Recession Outlook
Billionaire investor Ken Fisher (who is the son of Phil Fisher*) weighed in on the possibility of a recession this year with his dismal outlook if tariffs aren’t rolled back following the 90-day pause in reciprocal tariffs.
“If it does not resolve that President Trump and crew have negotiated some deals and then put all of this nonsense behind us, or 90% of all this nonsense behind us, you’ll see a very bad economic effect that will cause a recession, and it will be recession before the end of the year.”
While it’s too early to declare a recession, Fisher was quoted as saying:
“We never get a recession unless the US stock market and global stock market have peaked from an all-time high and gone down for three or fourth months,” said Fisher. “It won’t start any sooner than that.”
Source: The Street
* Phil Fisher, the author of “Common Stocks and Uncommon Profits” is credited as the father of value investing and widely revered by investment legends such as Warren Buffett.
“If it does not resolve that President Trump and crew have negotiated some deals and then put all of this nonsense behind us, or 90% of all this nonsense behind us, you’ll see a very bad economic effect that will cause a recession, and it will be recession before the end of the year.”
While it’s too early to declare a recession, Fisher was quoted as saying:
“We never get a recession unless the US stock market and global stock market have peaked from an all-time high and gone down for three or fourth months,” said Fisher. “It won’t start any sooner than that.”
Source: The Street
* Phil Fisher, the author of “Common Stocks and Uncommon Profits” is credited as the father of value investing and widely revered by investment legends such as Warren Buffett.