Bloated inventory spurs the second forecast reduction in three weeks.

She points to slowing growth in the core inflation rate as indicating that price hikes are moderating. Still, in this geopolitical climate, "we can't rule out further shocks."

"When interest rates are at or close to zero, it's very easy to get credit and the difference between a good company and a bad company is narrow. When the tide runs out, you figure out who is swimming naked."

"I get nervous when employers are using AI in the hiring process. You may not realize all the things you need to be thinking about. Yes, it is very dangerous."