Posted 11/21/2023, 5:34:40 PM
Experts Divided on Timing of Potential Fed Rate Cuts While Markets Show Signs of Looming Recession
- Strategists disagree on timing of expected 2024 Fed rate cuts; bond market already pricing them in
- Rate cuts signal "something is going to break"; Fed won't cut rates with strong economy
- Market still in bear market; recession may not be avoided
- Equity markets ignoring economic warnings (e.g. from Walmart) and consumer weakness signals
- Script likely to flip in next 3 months showing recession; then opportunity to buy final bear market dip