Markets shouldn't get caught up in recession fears, and the Fed's credibility is near an all-time high, Jefferies' chief market strategist says

Dec 8 2022 by Business Insider

 
Federal Reserve Board Chair Jerome Powell testifies before the Senate Committee on Banking, Housing, and Urban Affairs on 'The Semiannual Monetary Policy Report to the Congress', at Capitol Hill in Washington on Tuesday, July 17, 2018.

Jose Luis Magana/AP

Markets shouldn't fixate on the potential for a recession, Jefferies' chief market strategist says.  David Zervos pointed to strong economic data and anchored inflation expectations - a sign that the Fed has restored its...
Continue Reading Markets shouldn't get caught up in recession fears, and the Fed's credibility is near an all-time high, Jefferies' chief market strategist says