Wall Street's Recession Reversal Echoes 2007's Optimism, Warns Expert Wall Street’s economic forecasters, who were once bracing for a recession, have largely reversed their predictions—a shift that raises eyebrows among some market veterans. This newfound optimism is eerily similar to the mood in 2007, just before the financial crisis, according to Albert Edwards of Société Générale. Despite recent stock market highs and strong data on nonfarm payrolls and GDP, Edwards cautions against letting these bright spots overshadow weaker economic signals. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Javier Milei's Budget Miracle: Libertarian Principles in Action! READ MORE The Uncertain Path of the Global Economy in 2024: What to Watch READ MORE ZeroHedge: Time to Bet Against Banks READ MORE Global Equity Slump Forces Gold Selloff, Prices Drop Below $2,425 READ MORE Fed's Mester Awaits Further Inflation Drops Before Lowering Rates READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment