Name: The Fed needs to ‘kill the zombie’ with a high-rate-induced recession before investors should jump in to buy more stocks, strategist says
Uploaded: 2024-03-29T22:29:47-04:00
Duration: 5 min
Description: A recession is coming in 2024Getty Images Investors need to wait for a recession and accompanying rate cuts before putting more cash into stocks, Canaccord’s Tony Dwyer says. He describes the US economy as a “zombie” that needs to be “killed” before a recovery can start. Under such a scenario, the Fed would leave interest […]

Tag: highrateinduced

The Fed needs to ‘kill the zombie’ with a high-rate-induced recession before investors should jump in to buy more stocks, strategist says

A recession is coming in 2024Getty Images Investors need to wait for a recession and accompanying rate cuts before putting more cash into stocks, Canaccord’s Tony Dwyer says. He describes the US economy as a “zombie” that needs to be “killed” before a recovery can start. Under such a scenario, the Fed would leave interest […]