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This Article is From Jul 15, 2019

Why A Longtime Bull Just Flipped Very Bearish On The Stock Market

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Every week, hosts Joe Weisenthal and Tracy Alloway take you on a not-so-random walk through hot topics in markets, finance and economics.

There's always bears out there predicting that the stock market will tank. But many of them aren't worth listening to because they're always saying the same thing, regardless of the market environment. What's interesting, though, is when a longtime bull changes his or her mind. On this week's Odd Lots podcast, we speak with Bloomberg's very own macro strategist Mark Cudmore. He's been consistently bullish and optimistic about the market and the economy since 2011. But, in the last several weeks, he's flipped his view and is now warning about a recession and a market tumble. On this episode, he explains his reasoning.

To contact the editor responsible for this story: Laura Carlson at lcarlson21@bloomberg.net

©2019 Bloomberg L.P.

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