An investment chief overseeing $160 billion explains why traders shouldn't worry about a recession right now
The market volatility seen this week is nothing to worry about, according to Brad McMillan, chief investment officer for Commonwealth Financial Network.Until a recession is on the short term horizon, most investors have nothing to fear, he said.
McMillan also argued that even though some recession indicators have flashed recently, they're indicating a slowdown two years into the future.
Underlying economic data in the US looks good right now, he said.
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