iCapital's Amoroso: Recession isn't imminent until the Fed breaks something

Anastasia Amoroso, chief investment strategist at iCapital, says the biggest surprise in 2023 has been just how resilient the economy has been, but not the Federal Reserve's ability to deliver a soft landing, because economic growth combined with declining inflation and a cautious central bank are the recipe to delay a decline. Amoroso believes there will eventually be a recession, but says it's not imminent unless the Fed becomes too restrictive too quickly. Also on the show, David Trainer, president at research firm New Constructs, says this week's hot IPO deal is headed for trouble right out of the box, Megan Sanctorum discusses a survey showing that nearly one-third of Americans feel stuck or 'trapped' in a home they don't like or can't afford and, in the Market Call, Chris McMahon, chief executive officer at Aquinas Wealth Management, talks stocks and praises the very IPO that Trainer has in the Danger Zone.