David Roche, a seasoned investor, has warned of an impending bear market in 2025, citing reasons such as a sluggish U.S. economy, an artificial intelligence bubble, and insufficient rate cuts.
What Happened: Roche, a strategist atQuantum Strategy, anticipates a bear market in 2025 due to a combination of factors, reported CNBC on Monday.
"I think [a bear market] is probably coming, but probably in 2025. We now know what will cause it," Roche said.
He foresees the Federal Reserve's reluctance to reduce rates to the market's desired 3.50%, a slowing economy, and an AI bubble that has "entered bubble terrain...
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