Cloudy with a 60% chance of recession: Asset manager gives his take on the bear market

The Wall St. sign is seen near the New York Stock Exchange (NYSE) in New York City, May 4, 2021.
Brendan McDermid | Reuters

As talk of a recession grows louder, asset manager Michael Yoshikami believes there is a 60% chance the U.S. will sink into a recession. He explains why and reveals if the beaten down stock market has hit the bottom.