Strategy Report
There Won’t Be A Recession Until More People Are Convinced That There Won’t Be A Recession
Ironically, increased confidence that the economy can withstand higher bond yields may be necessary to lift yields to a level that is actually detrimental to growth. Thus, until more investors are convinced that a recession will be averted, a recession will be averted. Remain tactically bullish on stocks for now. A more defensive posture will likely be necessary later this year.
Interested in reading this report?
To access the full BCA Research report, request a complimentary copy
BCA Research | Global Investment Strategy
As BCA Research’s flagship publication, the Global Investment Strategy service provides macro-based investment recommendations across all asset classes, geographies, and time horizons.
Stay Connected with BCA
Get our latest events and research insights delivered to your inbox.