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Stocks Can't Go Up When Recession Slows But Inflation Stays

Schwab Network

English - March 30, 2023 22:46 - 4 minutes - 48.6 MB - ★★★★★ - 23 ratings
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This PCE report isn't likely to move the needle that much from the Fed's perspective, notes Bob Iaccino. He talks about how the economy is starting to slow in a significant way. He mentions that the only time that stocks can't go up is when there is a slowdown on a recession and inflation is still stubbornly present. He then goes over what investors need to watch in futures. Tune in to find out more about the stock market today.