HomeMarketsU.S. EconomyBusiness in ‘Mid-Cycle Expansion’, Bonds Attractive
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Business in ‘Mid-Cycle Expansion’, Bonds Attractive

Business in ‘Mid-Cycle Expansion’, Bonds Attractive

Talley Leger likes the higher bond yields, and thinks cash is moving off the sidelines and into that market. He previews the Fed meetings of 2025 and the likelihood of rate cuts: he expects 3-4. While headwinds include stretched valuations, he doesn’t expect a recession, saying the “tailwinds far outweigh the headwinds.”

10 Jan 2025

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