- β’
Ceasefire fails to resolve structural economic risks
βThe tenuous ceasefire in Iran won't save the U.S. economy from its current trajectory.β
- β’
Inflation remains sticky despite geopolitical shifts
βInflation is cooling, but reaching the Fed's target remains a significant challenge.β
- β’
Federal Reserve will likely hold rates steady
βThe Fed is likely to wait for more definitive data before cutting rates.β
- β’
Recession probability remains uncomfortably high
βWe are still looking at a high probability of a recession in the near term.β
- β’
Geopolitical tension keeps oil prices volatile
βThe conflict in the Middle East ensures that energy price volatility is here to stay.β
