It’s going to be a strange year, a difficult year, a tricky year, but it will end well, notes Don Luskin. He discusses how inflation has been conquered and will now turn into deflation, and outright deflation will show up in CPI by mid-year. He talks about how stocks will make new highs in 1Q and a sharp correction as the deflation narrative sets in. He then goes over recession chances this year, as well as the outlook for Fed rate cuts in 2024. Tune in to find out more about the stock market today.
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16 Jan 2024
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