Credit Suisse's global CIO says a recession is coming — but it won't be 'right here, right now'

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The U.S. bond market has been signaling a possible recession, but stocks on Wall Street shook off the warning and inched higher Tuesday.

The bond and stock markets in the U.S. have been sending mixed signals about the American economy over the last few days — and investors are split on which asset class got it right.

But for Credit Suisse's Global Chief Investment Officer Michael Strobaek, the bond market is usually a better indicator of what's to come. "We're really going into a slowdown and a recession," Strobaek said, clarifying that it may not be"right here, right now" — but it could come in 2 to 3 years.

 

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CreditSuisse So much wisdom from the overpaid CIO of Credit Suisse! Let me predict: ‘What goes up must come down, eventually!’ Why do you even bother to tweet such nonsense?

Sorry their job go scare PPL.

Ever notice how CNBC takes about four days to trot out the “ everything is fine, buy, buy, buy “ crowd of experts “ ... every time ... Makes you wonder if this is State funded TV doesn’t it? Make me wonder.

If one doesn’t have anything constructive to say then to say nothing.

So profound... morning is coming but it won’t be right here, right now....

What does that mean? It's going to eventually rain, just not today? Wtf

CNBC PROPAGANDA RERUN ALERT,... IS THAT GODZILLA?

It’s already here but on level that hard to recognize for rich people

So... any time because you really don't know

Ehhhhh fake fake news. Enemy of the people!

The CIO? What does the bank economists think?

If Bernie Sanders gets elected then we’re fucked lol

well thank god india is in safehands again with narendramodi recession will not affect indianeconomy

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