HomeMarketsU.S. Economy & JobsA Recession Is Coming Sooner & Harder Than Most Expect

A Recession Is Coming Sooner & Harder Than Most Expect

A recession is coming, sooner and harder than most expect, notes Bob Elliott. He discusses the recession picture and what investors need to know. He talks about the Fed’s “higher for longer” rate environment. He previews GDP data which will be released tomorrow at 8:30am ET. He goes over international economic trends to monitor. He outlines the significance of this week’s labor market data, as well as sector positioning strategies in today’s market. He also suggests that the finance world is all-in on the soft-landing or no landing outcome. Tune in to find out more about the stock market today.

Trading 360

29 Aug 2023

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