Jim Walker, the Chief Economist at Aletheia Capital, who famously foresaw the 2008 financial crisis, has laid out four major predictions for 2025: a 10% drop in the U.S. dollar, a painful but not catastrophic economic slowdown, a long-term bullish stance on copper, and a strong recommendation to double down on Indian equities.
In an interview with ETNow, Walker dismissed concerns that the global economy is headed for another 2008-style meltdown. “It will be a pretty painful slowdown, but we can go to the other end of it without the kind of government and central bank action that took place in 2008, 2009,” he said. Walker pointed out that while U.S. stock markets remain volatile, the real concern lies in economic fundamentals rather than systemic banking risks. Read More