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Markets Await Possible Fed Pause, Recession

Bloomberg Businessweek

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The Odds on a Surprise at the Fed Meeting on Wednesday

The notion that we go into a moderately hard or harder landing, I certainly do not think it's priced into the nearly 4,400 S&P 500 levels. That isn't to say that we don't believe in stocks for the long haul. But certainly a point of caution, we're trading at the upper end of that band as growth is decelerating.

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