Given our constructive economic and market outlook, we believe the market will ultimately climb today’s wall of worry higher as several of investors’ leading fears are assuaged.
Jeff Schulze explains why two straight quarters of US GDP contraction and a yellow signal for the ClearBridge Recession Risk Dashboard do not make recession a foregone conclusion and discusses how a soft landing for the economy could be still be achieved.
Given our constructive economic and market outlook, we believe the market will ultimately climb today’s wall of worry higher as several of investors’ leading fears are assuaged.