ACI CEO Todd R. Walsh was recently quoted in The Wall Street Journal to discuss the Federal Reserve and recession risk.
Here is an excerpt from the article:
“Investors are preparing for the next earnings season to kick off in earnest Friday when JPMorgan Chase, Wells Fargo and BlackRock give results. They are also looking ahead to the next big read on consumer inflation Thursday.
Many investors have grown more confident that the Federal Reserve is succeeding in taming price pressures without driving the economy into a recession.
‘What we’re cautioning investors is not to read too much into each data point,’ said Todd Walsh, CEO and chief technical analyst at Alpha Cubed Investments. ‘The Fed seems to be on track from what we’re looking at.’”
Click Here to Read the Full Article on The Wall Street Journal
