Surveillance: Tale of Two Halves with Bailin
Bloomberg Surveillance
00:00
What's Going to Be a Tale of Two Halves?
The first half of next year is going to be a difficult period, both in the U.S. and Europe. It's almost impossible for the Fed to stop that now, especially as they're going to continue to raise rates. That's why bonds are back; it's a good idea to own bonds right now. And then the second half of 23 will be the markets looking at 24, looking at a recovery from whatever recession it is that we're going to have.
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