Wall Street is becoming bullish on a 'no landing scenario' as the Fed tries to quell inflation
Hard landing, soft landing, or no landing - where do investors stand on the economy's trajectory?
Retail sales data released this week surprised to the upside, indicating that consumers are continuing to spend despite elevated inflation. As the economic resilience persists, a Bank of America Global Fund Manager Survey reveals a shift in sentiment. According to the survey, 36% of respondents now believe a "no landing" scenario could materialize in the next 12 months - a scenario where the economy avoids both a hard landing and a soft landing. In contrast, the proportion of those anticipating a hard landing or outright recession sits at just 7%.
Yahoo Finance's Josh Schafer breaks down the details, providing insights into the current economic landscape and the implications for markets.
#news #inflation #youtube
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Пікірлер: 19
the market has been crazy lately, a few surprises here and there.. with all the global happenings taking place I think it’s safe to say that a severe global recession is looming..
@Linda.xing-tj2fh
Ай бұрын
Oh yeah! You can definitely say that, it does worry me a bit, but not as much as it would worry the average guy, my investment portfolio has survived a couple of recessions unscathed.
@Linda.xing-tj2fh
Ай бұрын
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@camela8445
Ай бұрын
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@Linda.xing-tj2fh
Ай бұрын
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@Andres_853
Ай бұрын
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SILENT RECESSION = NOBODY WANTS TO ADMIT IT
Le chant du cygne.
No Landing sounds right. My portfolio has lost 1-2% every day for 2 weeks. By Christmas my IRA will be in the negatives.
Joe got this! 👍🏻
They should cut rates it makes no sense