Voya’s Reinhard Optimistic U.S. Will Avoid Recession in 2024

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It's more likely than not that we'll be able to steer clear of our recession in the new year. Voia CIO and head of asset allocation, Barbara Reinhard tells Bloomberg TV. Here's more on those odds that Voia is calculated. At Voia, we have a number of inflation probability indicators and models that we'd like to look at. And we're forecasting less than a 30% chance of a recession in 2024. And in fact, if the data continues on this road that it's on, we think it's probably even likely that you wouldn't see a recession much before 2025. 

Transcript

Barbara Reinhard, Voya CIO and Head of Asset Allocation, tells Bloomberg TV that the U.S. economy will likely make it through 2024 without a recession.

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