David Roche Predicts Bear Market in 2025 Due to Economic Slowdown and AI Bubble
The veteran investor warns of insufficient rate cuts and a slowing economy, with the Federal Reserve's actions under scrutiny.
- David Roche forecasts a bear market in 2025, driven by a slowing U.S. economy and an AI bubble.
- Roche expects the Federal Reserve to cut rates by 25 basis points, lower than market expectations.
- The prediction does not account for the outcome of the 2024 U.S. Presidential election, which could impact the market.
- Recent market volatility has been exacerbated by the Fed's rate decisions and global economic factors.
- Roche believes the Fed has room to cut rates further if necessary to prevent a severe economic downturn.