Why this stock-market strategist expects no recession and zero rate cuts in 2025 - MarketWatch
1. Investment expert reduces gold position due to rising U.S. growth and inflation. 2. No U.S. recession is expected in the next three to four quarters. 3. McCullough favors high-yield corporate debt over Treasurys amidst economic optimism. 4. The U.S. dollar is expected to gain support; rate cuts likely not as anticipated.