Economic Storm Clouds in 2025? Strategist Warns Higher Rates Could Expose Debt Vulnerabilities

• Strategist warns high interest rates could cause economic turbulence in 2025 • Consumers locked in low rates during COVID, will need to refinance in 2025 • Companies also refinanced debt at low rates, face renewal risk in 2025 • Expectations for June Fed rate cut unchanged despite hawkish rhetoric
• Further rate hikes could expose vulnerabilities when debt comes due in 2025