Fed Won't Blink Which Increases Risk Of A Prolonged Contraction

The yield curve inversion and other indicators are sending signals that a recession is on the horizon, says James St. Aubin. He discusses the outlook for equity markets. He talks about how he expects earnings growth to turn negative in 2023. He then goes over how the unwillingness of the Fed to pivot in the face of the cooling economy is being underestimated by investors. Tune in to find out more about the stock market today.