Is There a Recession on the Horizon?

Ben: I don't think there's a recession on the horizon. There might be sluggish real jety p, but there's no earnings recession. In particular, earnings surprise everyone by holding up. Bad economic data will be cheered by the stock market because it will be a sign that inflation is going to come down. But if we can get to the point where it looks like inflation is taming down, i think stoks can go higher.