According to Tressis chief economist Daniel Lacalle, markets are not pricing in a recession as stocks avoid a steep downturn. “Markets are not pricing a recession at all. Stocks have risen way above earnings growth and macro, so markets are actually more likely to be discounting more easing, but definitely not a recession,” he said. […]
The post ‘Definitely Not a Recession’ says Economist Stocks Plow Through Slump appeared first on CCN.com
source https://www.ccn.com/recession-economis-stocks-slump/
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