Liz Ann Sonders: Base Case is ‘Rolling Recessions’ Through Market Segments

Liz Ann Sonders emphasizes that a lot of money in markets is short-term positioning, causing volatility and potentially leading to sentiment misreadings. She thinks there is complacency in markets underneath the turmoil. She explains what would happen in markets if the Iran conflict ends quickly, with energy taking multiple years to rebuild and fertilizer also seeing an impact. Her base case is “rolling recessions” through different market segments.

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