U.S. markets surged as rate hike expectations plunged. The Fed doesn't have to hike rates now because soaring commodity prices will help cool inflatin by causing a recession, which is bullish because the Federal Reserve will have to restart QE. Everything is awesome. There has never been a better time to buy stocks!
Global soft landing or no landing?
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JPM with its global growth tracker. A weaker-than-expected 1.6%ar US GDP
gain last quarter reduced our tracking estimate for 1Q24 global growth to
3.1%ar...
It is almost like analysis, technical or fundamental, is pointless with a Fed backstop. Just BTFD.
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