Reported 2 months ago
After a turbulent week, US equity markets are recovering, but bond strategist Ed Al-Hussainy warns that the potential for a recession is increasing if the Federal Reserve does not take preventive measures. He cautions that the labor market is showing signs of distress that may not yet be reflected in current market pricing. Al-Hussainy suggests that the Fed may need to act more decisively to alleviate pressures on the economy.
Source: YAHOO