‘Definitely Not a Recession’ says Economist Stocks Plow Through Slump

2019-10-5 15:25

According to Tressis chief economist Daniel Lacalle, markets are not pricing in a recession as stocks avoid a steep downturn. “Markets are not pricing a recession at all. Stocks have risen way above earnings growth and macro, so markets are actually more likely to be discounting more easing, but definitely not a recession,” he said.

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recession stocks markets definitely economist plow says

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