Today's Peek of the Week attempts to answer this question. With everything going on, investors have embraced the idea that the Federal Reserve can be persuaded to slow the pace of rates hikes. Investors saw stocks move higher last week, but the bond market was less optimistic after more Consumer Price Index (CPI) data was released. So what's the chance of a recession happening? According to Vince Golle and Kyungjin Yoo of Bloomberg, the chance of a recession within the next year is just below 50-50.
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