HomeInvestingEarningsBase Case: The Consumer Would Be Strong Enough To Avoid Recession

Base Case: The Consumer Would Be Strong Enough To Avoid Recession

We are in a season of uncertainty about the direction we may go for both markets and the economy, notes Jimmy Lee. He discusses how stocks bounced back from earlier lows. He talks about how the base case for him all year long was that the consumer would be strong enough to avoid a recession. He goes over how geopolitical tensions impact U.S. markets. He outlines how if the Fed does not raise in November, he thinks it would support a bigger potential rally in stocks. He then goes over investing in a high-rate environment. Tune in to find out more about the stock market today.

Market On Close

09 Oct 2023

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