2min chapter

Forward Guidance cover image

Jim Bianco on Fed Chair Powell's Reluctance To Discipline The Bulls (February 2023 FOMC)

Forward Guidance

CHAPTER

Is the Stock Market on a Soft Landing?

The bond market is saying seven or eight of rate cuts are priced out to the end of 2024. But do you think the stock market is also pricing in as severe of a slowdown? No, not really because if you look at the valuations in the stock market, let's look with Wall Street's favorite metrics like the forward PE ratio. So I think what the stock market has got in its mind is it's going to be kind of a soft landing or a fake slowdown. Inflation will fall. Economy will stay strong. And so it's very good day for Mike. Me, I'm having- He gets the Black Works land ball then.

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode