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Recessionary worries are making it hard to build on 2023 gains: Strategist
Alec Young, chief investment strategist at MAPsignals, joins BNN Bloomberg to talk about why he thinks recessionary fears are overblown and why he's still bullish on equities.

BNN
Recessionary worries are making it hard to build on 2023 gains: Strategist
Alec Young, chief investment strategist at MAPsignals, joins BNN Bloomberg to talk about why he thinks recessionary fears are overblown and why he's still bullish on equities.
Recessionary worries are making it hard to build on 2023 gains: Strategist

Nathan Worden's avatar
Nathan Worden
@nathanwordenApril 26
“Historically it only takes 3-4 months after the last rate hike for the Fed to start lowering rates”

So when Powell says that interest rates might need to stay higher for longer, he’s fighting the historical pattern of the Fed, correct?
MAPsignals's avatar
MAPsignals
@mapsignalsApril 26Author
@nathanworden you are correct
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