Recession Fears Loom as Inflation Jumps, Stocks Look Overpriced for a Market Correction
• Recession risks still alive, with indicators flashing high odds of a downturn this year • Inflation rebounded more than expected, disappointing hopes for quicker Fed rate cuts • Stocks are overvalued, fueled by investor FOMO over hot areas like AI • Even a mild recession could send stocks plunging 30-50%, according to some forecasts • Investor sentiment very bullish, with many betting on continued stock market momentum