- Nuveen investment chief Saira Malik is still forecasting a recession in the next year.
- She says investors should watch three key developments to see when the economy will contract.
- Malik also shares four top stocks investors can buy to set themselves up for long-term success.
Just over a year after an unexpected contraction in US GDP, there’s still no overwhelming consensus among investors and economists about whether there will be a recession in the coming quarters.
But while a downturn hasn’t hit the US yet, assuming that one won’t come would be a mistake, according to Saira Malik, the chief investment officer at Nuveen Asset Management, which has $1.1 trillion in assets under management.
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