.@cfraresearch does not think it will morph into a new bear market, as #ActionEconomics con'ts to foresee a #SoftLanding, rather than a #NewRecession. Indeed, AE projects #RealGDP growth averaging 2.7% in 2024 & 2.1% in 2025, aided by the cutting of the #FedFunds rate 2x in 2024.
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