In 2023, there was plenty of talk about recession expectations, although nothing ever actually developed. Unsurprisingly, some of that debate continues.
At the recent iConnections Global Alts conference, Michael Wilson of Morgan Stanley and David Zervos of Jefferies discussed the possibility off a recession occurring and whether the market is actually good at predicting recessions.
Liz Young, head of investment strategy at SoFi Technologies, served as moderator of the discussion.
The recession that wasn't
One question she posed was related to the widespread expectations that 2023 would bring a recession. As such, Young described 2023 as "the year...