There is unfavorable risk/reward for the rest of 2023 and 1H 2024, notes Ahmed Riesgo. He dissects this week’s ecodata. He talks about how the 10-Year bond surpassed fair market value, and defensive sectors, large caps, and U.S. equities should outperform as global growth decelerates. He then previews the FOMC meeting which begins Tuesday. He goes over the chances that the U.S. economy enters a recession. Tune in to find out more about the stock market today.
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