Mohamed El-Erian said some markets have become locked out of funding.
If there is a recession, he predicted it would be "on the shallower end."
Strategist Mike Wilson recently said that the rout in U.S. stocks has left them more fairly priced,
“This is probably the most anticipated recession of all times," economist Edward Yardeni said.
"The drivers of inflation are broadening," strategist Mohamed El-Erian said.
"The chances of a deep recession are pretty low,” market strategist Anthony Crescenzi.
The firm's chief economist said “there's no real reason to be worried about a recession.”
Dennis Gartman said it's "amusing" that a debate exists on whether stocks are in a bear market.
Dennis Gartman, the former publisher of the influential “The Gartman Letter,” has been bearish for months.
“[The Fed] increasingly has a problem with the marketplace,” he said.
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