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Invesco BulletShares 2029 High Yield Corporate Bond ETF
2024-02-23 05:30:00 ET
Summary
We believe that a mild recession in the first half of the year is likely.
The Fed Funds rate topped out at 5.3% in August 2023, which puts a recession on track for either the first or second quarter.
The economy has shifted from one extreme to another and, as a result, we now find ourselves in a high interest rate regime relative to recent history.
Lower rates and combat a likely recession, or keep up the battle with inflation? As uncertainty lingers, we'll clip coupons with the soft-landing crowd and keep gold in case of trouble. ...