MarketsInsider/Matthew Fox/11-15-2022
“In a Monday note, Kolanovic said that while cooler inflation is constructive for equity prices and increases the chances of a soft landing, the risk remains that the economy enters a full-blown recession if the Fed doesn’t quickly pivot away from its current rate-hiking cycle.”
USAGOLD note: And what are the prospects of a quick pivot? It is difficult to know who’s got it right and who’s got it wrong on future Fed policy and inflation, thoughthe financial world does not lack opinions on the subject. Anything can happen including scenarios no one anticipated…… For the average investor, diversification is a better strategy than attempting to predict events.
