Why a ‘no landing' scenario would be ‘treacherous' for stocks and bonds: TS Lombard
Without a U.S. recession, the Federal Reserve will be forced to raise rates higher than anticipated, bringing back all the bad parts of 2022 for in...
March 1, 2023
10:14 PM
Without a U.S. recession, the Federal Reserve will be forced to raise rates higher than anticipated, bringing back all the bad parts of 2022 for investors, warned TS Lombard strategists. While a consensus forecast of 5% for the fed-funds rate by the end of 2023 has emerged, TS Lombard researchers think a recession that forced the Fed to cut its benchmark rate to around 3%, appears more likely. 'The...
Joy Wiltermuth