US Economy Will Be on Verge of Recession for the Next 2 Years: JPMorgan
The economy is getting slugged and is on the brink of a downturn, according to JPMorgan Asset Management's David Kelly.
Source: businessinsider.com
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Stock Market Outlook: New Bull Market Underway As Inflation Tanks
Signs of tanking inflation have been "everywhere," and the Fed is finally starting to acknowledge that, Fundstrat's Tom Lee said.
Source: businessinsider.com
The Fed Wants a Recession to Convince Markets It's Bringing Inflation Down
"They told us they want a weak economy. I think that's a very friendly way of saying you want a recession," Bank of America's Ethan Harris warned.
Source: businessinsider.com
Fed Inflation Projections Are a 'Head Scratcher', RBC Economist Says
The Fed's inflation forecasts are a "head-scratcher," and the recession outlook could be worse than what Powell has made it out to be, RBC said.
Source: businessinsider.com
Markets Shouldn't Get Caught up in Recession Fears: Jefferies Strategist
Markets are deeply concerned about a recession, but Jefferies' chief strategist says the situation isn't as bad as some fear.
Source: businessinsider.com