U.S. recession to start suddenly this year or 2025: strategist

Peter Berezin, chief strategist at BCA Research, joins BNN Bloomberg to discuss investing impact of U.S. election this year.

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[brendancarrington-kh]

It's going to be a long time before they will be a crisis like recession, because there is an equal market chance associated with each crash or collapse. I have seen people accumulate up to $1 million during a crisis, and even make it work in a strong economy if they are prepared and well-informed. Without a doubt, the bubble/collapse is making someone wealthy.

[IamJonny-ov]

So how exactly can we guard against the coming financial reset for 2025? Like what are really the best strategies to make our portfolio recession proof against the incoming financial reset? I'm very worried about my $160k stock portfolio.

[roddywoods]

The rising interest rate can surely control inflation, but won't prevent erosion of the eroding purchasing power of the US dollar. I have learnt my lesson this time. The banks can't be making money off my money, while inflation eats into it. I have set aside 650k to invest in the stock market now, since that keeps up with inflation, but I don't know how to get started.

[TeresaLiam-zo]

America is currently plagued by the hydra-headed evil duo of inflation and recession. The worst part about this recession is that consumers are racking up credit card debt. In April alone, credit card debt went up 20% while rates have doubled in a year. Inflation is so high that consumers are literally taking debt for basic life necessities. Collapse has indeed begun..

[darnellcapriccioso]

Honestly, this concerns me and has left me uneasy. Especially this potential depression, no more a recession. I'm unsure about my $130k account strategy, considering the uncertainty of this whole recession mostly.

[KimberlyO.Kitchens]

Coming out of facing alot, I knew two things about the stock market: It caused the Great Depression, and the fastest way to make a million on the markets was to start with two million. And then the Great Recession happened only a few years later. So yeah, I wish someone had better explained it to me earlier in life. Having a good entry and exit strategy will make you succeed in the stock market.

[StephanieG.Augustus]

The recession scare is surreal and the market is really panicking at this moment and I'm worried what effect this frenzy could have on my portfolio of about 80k. Could you make any recommendations on how I could preserve my portfolio during this period and also make profit from the market situation?

[Grace.h-to]

The U.S. economy can actually get better if only the govt can start making better decisions for the sake of it's citizens, cos' they've really made life more difficult for its residents.inflation has left the less haves bearing the brunt of the burden. Its already eating into my entire $620k retirement portfolio. Like where else can we invest our money with less risks?

[MollyShorters]

Ah, a recession, huh? Just when I finally saved up $75k in my emergency fund and was gearing up to invest. Timing couldn’t be better. Sigh Do I dive in now and hope for the best, or wait for this ‘sudden’ economic storm everyone keeps predicting? Feels like I’m either throwing money at Wall Street or hoarding canned goods! Can anyone just give me a head start here? LOL

[greta-ck]

Recessions are part of the economic cycle, all you can do is make sure you're prepared and plan accordingly. I graduated into a recession (2009). My 1st job after college was aerial acrobat on cruise ships. Today I'm a VP at a global company, own 3 rental properties, invest in stocks and biz, built my own business, and have my net worth increase by $500k in the last 4 years.

[VelascoNunez]

Is this a good time to buy stocks? I know everyone is saying stocks are at a discount and all, but just how long will It take to recover, or am I better off putting my money elsewhere. I need a lot as rent, inflation alone eat up almost all of what I make, with dependents and other obligations included. Tbh it's an uncertain year for me.

[ANDYPADOVA]

Recession is caused by the Federal government spending more than it earns, because they just print more money to make up the difference. To solve inflation, reduce wasteful government spending. Your tax dollars should be spent well, not poorly.

[rickmcdonaldj]

I've been reconsidering my retirement strategy, questioning if my 401(k) and IRA are enough for a secure future. I’ve also invested $300K in the stock market, but the returns have been inconsistent and modest. I'm looking for an investment approach that better aligns with my risk tolerance and financial objectives.

[oneillbilder]

So how exactly can we guard against the coming financial reset for 2024? Like what are really the best strategies to make our portfolio recession proof against the incoming financial reset? I'm very worried about my $110k stock portfolio.

[DavidLucas-sorr]

Curious about top investors' millionaire-making strategies, I'm eager to grow my $295, 000 nest egg. Investing in stocks could provide attractive returns through capital appreciation and dividend yields. But timing is crucial – should I invest now or wait for improved market conditions?

[shawnjrmcleary]

3 years we’ve listened to this while stocks skyrocket and make rich even richer. I don’t even wanna listen anymore tbh

[Patriciabanks]

Recession! Crash! Inflation! It’s getting depressing. I have about $100k in emergency fund and I have been seeing good news about the stock market and would like to gain from that since I can’t let my savings be corroded by inflation. What stocks should I into as a newbie to safely grow my money.

[albacusBC]

Maybe all this is happening because election is one of those things that could really contribute to portfolio growth and vice versa. I've been going hard with my investments this year and have been able to build up to 80k. Are there tips I could apply to help me grow my portfolio even more during this election season?

[tonysilke]

With my portfolio of $150k. I’m looking for opportunities to profit in a potential downturn, According to rating agency Moody’s, both the UK and the US are set to fall into a recession because of higher interest rates.

[JuneTalley]

Purchasing a stock may seem straightforward, but selecting the correct stock without a proven strategy can be exceedingly challenging. I've been working on expanding my $210K portfolio for a while, and my primary obstacle is the lack of clear entry and exit strategies. Any advice on this matter would be greatly appreciated.