High Debt, Emerging-Markets Woes Threaten a New Recession Don't trust the post-crisis rebound in stocks and housing, says economist David Levy; markets are likely to enter a period of secular asset price declines. Related Articles Premium Third Point Cycles Through New Top Positions as Returns Struggle Stephen Taub Middle East Markets Diverge Under Pressure Laurie McAughtry Why Monthly U.S. Jobs Reports Diverge but Long-Term Trends Align Sponsored by CME Group