A Skewed Outlook Ahead
With expectations of high growth and cuts already priced into markets, stock and bond buyers need an even more perfect goldilocks to bring significant positive returns ahead.
In times of significant uncertainty about the economic path ahead, it's often useful to do some scenario planning around a few macroeconomic outcomes by penciling out a range of plausible outcomes an…
Keep reading with a 7-day free trial
Subscribe to Nonconsensus to keep reading this post and get 7 days of free access to the full post archives.