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 Jeffrey Talpins’s Element Slashes U.S. Stock Holdings by 90% in Renewed Bearish Turn Stephen Taub Premium Greenlight Nudges Net Exposure Lower, Keeps Faith in Recession Call Stephen Taub While Inflation Grabs Headlines, Employment Numbers Drive Market Moves Sponsored by CME Group