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Podcast: The Julia La Roche Show
Episode: #041 Jim Bianco: Recession Has Become The New Bull Story On Wall Street
Description: Macro researcher Jim Bianco (@biancoresearch), founder and president of Bianco Research, returns to The Julia La Roche Show for episode 41.Â
In this episode, Bianco makes the case that we’ve entered a different market era from 2009 to 2021 and why he doesn’t expect the Fed to cut rates or pivot anytime soon. He also breakdowns this paradox where for the first time most Wall Street strategists expect a decline in the stock market in 2023, which wasn't the case during the Great Recession or after 9/11.  He explains that a recession has become their bull story where the Fed will c...