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The Conversation USA

Wall Street is ignoring the omens of recession – here's why

  • Written by Jay L. Zagorsky, Senior Lecturer, Boston University
Why is this man smiling? AP Photo/Richard Drew

The world is on the brink of a recession, if all the breathlessheadlines are to be believed. So why are U.S. stocks near all-time highs?

That’s a question my MBA students have been asking me lately. Even the Federal Reserve is concerned – at least worried enough to reduce U.S. borrowing...

Read more: Wall Street is ignoring the omens of recession – here's why

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