3min chapter

The Prof G Pod with Scott Galloway cover image

State of Play: Inflation, Recession Signals, and the Housing Market — with Mark Zandi

The Prof G Pod with Scott Galloway

CHAPTER

The Stock Market Is Down 20% From the Peak at the Start of the Year

The stock market is down 20% from the peak at the start of the year. Abmarg: That largely reflects higher interest rates. He says American businesses are doing really pretty amazingly well. The markets in my view are not signaling at this point that we're going into a downturn, he says.

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