There’s a 25% chance of a recession
The Street - 02/12/2016
A recession is not likely to transpire, because the strength in the U.S. economy is being balanced by weakness in Europe, China and in the oil patch, said Harlan Platt, a finance professor at the D’Amore McKim School of Business at Northeastern University in Boston. Instead of panicking, investors should look for strong companies whose stock are “showing softness in the face of very strong earnings, he said. “An example is Disney which is down about 25% with higher earnings. The main way to lose money is to buy winners at the top, especially when those winners are concept stocks which have yet to prove themselves,” Platt said.