Posted 1/9/2024, 8:51:00 PM
Inflation Moderating; Potential for Soft Landing Fuels Investor Optimism But Marks Cautions Against Complacency
- Inflation moving towards Fed's 2% target, meaning additional rate hikes may not be necessary
- Potential for a soft economic landing with minor recession or none at all
- Possibility of Fed taking rates back down in the future
- Investor expectations of good conditions for economy and stock market
- Marks warns of "Goldilocks thinking" leading to disappointment and losses