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.

[https://www.bnnbloomberg.ca/video/recessionary-worries-are-making-it-hard-to-build-on-2023-gains-strategist~2674712](https://www.bnnbloomberg.ca/video/recessionary-worries-are-making-it-hard-to-build-on-2023-gains-strategist~2674712)

“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?

Nathan Worden

Most recent Video News business news stories and video from BNN Bloomberg

https://www.bnnbloomberg.ca/video/recessionary-worries-are-making-it-hard-to-build-on-2023-gains-strategist~2674712

Video - BNN Bloomberg

Recessionary worries are making it hard to build on 2023 gains: Strategist

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