“Even we, last May, thought the probability of recession was at least marginally above 50% over the next 12–18 months. But if you think of the data as it’s rolled in the past nine months, what you see is an incredibly resilient economy.”
–Troy Gayeski
Chief Market Strategist Troy Gayeski joined Bloomberg to discuss what comes next now that Dare to Dream has become the consensus base case. He addressed the limited upside potential of Magnificent Seven stocks, meeting the challenge of redeploying cash (at a time when risk is fully priced into markets) and how middle market private equity can provide potential opportunities for growth.
Watch the video to hear more from Troy.