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Podcast: Money Life with Chuck Jaffe
Episode: Piper Sandler's Johnson: 'This market can keep working'
Description: Craig Johnson, senior research analyst at Piper Sandler, says that he expects the economy to avoid a hard landing, and notes that some indicators would suggest that the economy is already in recession which means it will be over by late spring 2025, which should allow the earnings to start to pick up and fuel more growth next year. Johnson notes, further, that stock markets historically tend to perform well in the first six months after the start of a rate-cutting cycle; if the Federal Reserve starts rate cuts in September, which he expects, that means the market is well...