HomeMarketsU.S. Economy & Jobs“Sticky” Inflation & Recapping The 2023 Macro Picture

“Sticky” Inflation & Recapping The 2023 Macro Picture

I’m landing in the “no landing” camp, notes Jim Bianco. He recaps the macro picture in 2023, as well as the importance of the Fed’s pivot. He thinks there will be 2+% real GDP growth in 2024. He’s also in the “sticky” inflation camp that bottoms at 3+%. He discusses inflation expectations for 2024. He also highlights that he’s still a bond bear, with a target of 5.50% 10-year in 2024. Tune in to find out more about the stock market today.

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02 Jan 2024

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