Stock Are Bottoming, and the Fed Could Pause Rate Hikes: Ed Yardeni
"It seems to be that we're in a bottoming process. I think that the market has certainly discounted a great deal of what the Fed is going to do."
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"It seems to be that we're in a bottoming process. I think that the market has certainly discounted a great deal of what the Fed is going to do."
The number of new jobs created in a month could plummet to 100,000 by March, forcing a pivot by the central bank, Pantheon said in a note.
A Fed pivot from aggressive rate hikes is coming - and the central bank needs to stop flinching at rising stock prices, Fundstrat's Tom Lee said.
JPMorgan Asset Management strategist Gabriela Santos put the odds of a recession at 50% today, compared to normal levels of 15%.
The Fed will be challenged to stick a soft-landing at this point, top economist Mohamed El-Erian warned.