Chief Market Strategist Ellen Hazen, CFA, appeared on Bloomberg TV to discuss her outlook for the markets and Fed policy. Ellen commented….
“We don’t think a recession is likely this year but there is no question that the stakes have become higher over the past few weeks.”
“The key to watch is first quarter earnings. We are closely watching how much companies grow revenue but more importantly how much of their operating margin is contracting.”
To watch the full segment click here.