I’m landing in the “no landing” camp, notes Jim Bianco. He recaps the macro picture in 2023, as well as the importance of the Fed’s pivot. He thinks there will be 2+% real GDP growth in 2024. He’s also in the “sticky” inflation camp that bottoms at 3+%. He discusses inflation expectations for 2024. He also highlights that he’s still a bond bear, with a target of 5.50% 10-year in 2024. Tune in to find out more about the stock market today.
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