“There continues to be a disconnect between what [investors are] doing and how they’re feeling about the economy. Economic activity looks solid, growth has a lot of positive momentum but there is this sentiment overhang where people feel more pessimistic than they’re acting.”
–Lara Rhame
Chief U.S. Economist Lara Rhame joined Sonali Basak and Jon Erlichman on “Bloomberg Markets” to discuss the disconnect between investor sentiment and market reality. She addressed reasons for caution at the consensus expectation of a soft landing, the contradiction of markets pricing in both a strong economy and rate cuts, and the likelihood of volatility in stock and bond markets.
Watch the video to hear more from Lara.