Former CEO of Citi Wealth Management

Former CEO of Citi Wealth Management

Lately, the prospect of an economic slowdown has struck fear into traders and economists alike.

This month, The World Bank slashed its projection for global economic growth. The Dow (^DJI) fell 810 points, or 2.4%, on Tuesday in part over concerns of a downturn. And Deutsche Bank raised the possibility of a “major recession” as result of Federal Reserve rate hikes and asset tapering in a recent note.

In a new interview, Wall Street veteran and investing guru Sallie Krawcheck took those fears…


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