Recession Roulette

Published: August 2024
Speakers:
 Bret R. Barker |  Jerry Cudzil |  David B. Vick, CFA

The telltale signs of the U.S. sliding into a recession have ripped through global markets, with bond yields vacillating amid a broad repricing of frothy stock valuations. Listen to TCW's fixed income experts as they discuss the Federal Reserve's option to call an emergency meeting, aggressive policy measures to halt market hemorrhaging, and whether we're facing a new global financial crisis.

 

01:00 Putting the current market environment into perspective

02:00 Underlying weaknesses in the market over time

02:51 The unwind of the carry trade and the higher for longer narrative

04:31 More volatility to come

05:33 Volatility impacts on the market

06:45 Outlook for the Fed and the path ahead

09:00 Implications of U.S. elections 

11:44 Overall outlook and where we’re heading

Disclosure

This material is for general information purposes only and does not constitute an offer to sell, or a solicitation of an offer to buy, any security. TCW, its officers, directors, employees or clients may have positions in securities or investments mentioned in this publication, which positions may change at any time, without notice. While the information and statistical data contained herein are based on sources believed to be reliable, we do not represent that it is accurate and should not be relied on as such or be the basis for an investment decision. The information contained herein may include preliminary information and/or "forward-looking statements." Due to numerous factors, actual events may differ substantially from those presented. TCW assumes no duty to update any forward-looking statements or opinions in this document. Any opinions expressed herein are current only as of the time made and are subject to change without notice. Past performance is no guarantee of future results. © 2025 TCW