Bloomberg Businessweek cover image

Wall Street Splits Over Inflation’s Path

Bloomberg Businessweek

00:00

The Bull Market Is Turning Into a Bull Market

Alan Zaffrin: Earnings are telling me that the economy is indeed going to slow. He says it's not a doomsday scenario, but we are grinding into a slow, modest recession. Stocks don't do so well to the economy bottoms, he says. That tells you that investors aren't looking forward to a change in Fed policy and stocks moving back up until very late this year, if not early next year.

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