S&P To Fall 20%+ Once Markets Stop Deluding Themselves About A 'Soft Landing' | Alf Peccatiello

Wealthion - Be Financially Resilient · Feb 1, 2023 · 1h 6m

Recession or soft landing?

Today's guest says that's the most important question for investors to answer correctly here at the start of 2023.

The Fed is telling us: "Don't worry, we've got this under control". And right now, it appears both the stock and bond markets agree with it.

On the other hand, there's a growing stampede of macro data warning that a recession -- likely a bad one -- is unavoidable at this point.

Which outcome is more likely?

To dig into this, we welcome Alf Peccatiello, publisher of the Macro Compass and former bond portfolio manager, back to the program…