CoinInsight360.com logo CoinInsight360.com logo
America's Social Casino

The Daily Hodl 2025-05-24 07:04:57

Market Meltdown and Recession Incoming, Warns Former BlackRock Fund Manager Edward Dowd

A former BlackRock fund manager just issued a major warning on the US economy. In a new interview on Market Disruptors, Edward Dowd forecasts an incoming recession and market meltdown driven in part by a housing crisis and a bursting AI bubble. Dowd points to collapsing new home permits since 2022 and falling tenant rents as early signs of a housing crash. He also warns that government spending cuts and a slowdown in illegal immigration will sap economic growth, with stock markets facing a potential 50% drop based on historical patterns. “The idea here is you have a recession that we think manifests itself pretty soon, and the stock markets bottom sometime in the first quarter of 2026. Then you have a recovery, that’s the ideal situation… We’re not claiming anything’s going to go systemic. We’re not doom and gloom. It’s just we think it’s an old-fashioned deep recession and hopefully it’s quick. Typically speaking in recessions like in the dot-com recession and the great financial crisis, stocks went down 50% before they recovered, so we’re nowhere near down 50% yet and we think that’s coming.” The Dow Jones Industrial Average dropped from its all-time high of 45,073 in December of 2024 to a low of 38,314 last month, registering a 15% decline. Dowd traces the crisis to a global debt problem, temporarily masked by COVID-era money printing and spending, with commercial real estate and rising auto loan delinquencies signaling a broader credit crunch. In the long run, he expects deflationary pressures to force the Federal Reserve to slash rates and print money. For protection, Dowd advocates holding cash, pointing to Berkshire Hathaway’s massive position in T-bills/bonds, as well as physical gold, while cautioning against Bitcoin’s volatility and historic correlation with risk assets. Follow us on X , Facebook and Telegram Don't Miss a Beat – Subscribe to get email alerts delivered directly to your inbox Check Price Action Surf The Daily Hodl Mix Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing. Generated Image: Midjourney The post Market Meltdown and Recession Incoming, Warns Former BlackRock Fund Manager Edward Dowd appeared first on The Daily Hodl .

Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.