"No landing" + sticky inflation is a richly priced stock market's worst nightmare. Look for the S&P 500 to start pricing in a 4Q23-1Q24 "hard landing" scenario in the coming months.
The Fed: A Hard Landing Cometh
The Fed: A Hard Landing Cometh
The Fed: A Hard Landing Cometh
"No landing" + sticky inflation is a richly priced stock market's worst nightmare. Look for the S&P 500 to start pricing in a 4Q23-1Q24 "hard landing" scenario in the coming months.