Stagflation on top of bear market…. Bank of America’s CEO Brian Moynihan sees NO Fed rate cuts in 2025 and 2026 due to the stickiness of inflation and tariffs.
Model me this: Dario expects full reciprocal tariffs to bump CPI to estimated +1.3% pts – about the same negative hit to GDP. Stagflation on top of bear market. So now tell me: Why are markets a buy here? https://t.co/2pRSGdxYRH …