Andrew McCaffery

Fidelity International dampens market optimism for a 'hard landing' in 2023

Fidelity International reduces market optimism for 2023

“Markets want to believe central banks will blink and change direction, negotiating the economy toward a soft landing,” he said in an update. “But in our view, a hard landing remains the most likely outcome in 2023. The previous norm of ‘no matter what’ central bank intervention during the financial crisis and pandemic is on …

Fidelity International reduces market optimism for 2023 Read More »

Fidelity International dampens market optimism for a 'hard landing' in 2023

Fidelity International dampens market optimism for a ‘hard landing’ in 2023

“Markets want to believe central banks will blink and change direction, negotiating the economy toward a soft landing,” he said in an update. “But in our view, a hard landing remains the most likely outcome in 2023. The previous norm of ‘no matter what’ central bank intervention during the financial crisis and pandemic is on …

Fidelity International dampens market optimism for a ‘hard landing’ in 2023 Read More »