By Greg Hunter’s USAWatchdog.com -June 25, 2025

Former Wall Street money manager and financial analyst Ed Dowd of PhinanceTechnologies.com has been forecasting “Danger of Deep Worldwide Recession in 2025.” It looks like his thesis is turning out correct . . .

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That does not mean we are set for clear sailing throughout 2025. Dowd is forecasting that commercial and residential real estate will be a huge drag on the economy as prices fall and fall hard. Dowd says, “We think shelter is going to trend lower, and there is going to be a deflationary scare coming.”

Dowd thinks the Fed will panic and have emergency rate cuts this fall. The stock market will take some big hits. Dowd says, “I think they freak out in the fall in October or November . . .

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There is much more in the 46-minute interview.