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Podcast: Money Life with Chuck Jaffe
Episode: Edward Jones' Mahajan: Mild recession ahead; equally mild recovery to follow
Description: Mona Mahajan, senior investment strategist at Edward Jones, says that the economy is headed for a mild recession likely to hit home during the second half of 2023, but she notes that last year's big drop in the stock market did a lot of work to the downside, and while the market's hot start to this year means there is room for more back-sliding, she thinks those declines are mostly buying opportunities for the recovery that will follow the recession. Mahajan isn't expecting a blockbuster bounce-back, but says that recoveries tend to be at least as long and strong as...