We believe that we will have a recession in 2024, so be a cautious bull in the near-term, notes Ed Siddell. He discusses the state of the markets as the equity rally hits a slowdown. He talks about how we have an underlying debt crisis that needs to be addressed in Washington. He thinks the Fed will start to lower rates in the second quarter and could start another round of easing depending on the economy. He goes over how debt fits into future economic forecasts. Finally, he highlights how investors can prepare for a potential recession and economic conditions to monitor. Tune in to find out more about the stock market today.
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