Bank stocks have already priced in a recession, Chuck Lieberman on Bloomberg

Chuck Lieberman, chief investment officer and managing partner at Advisors Capital Management, joins BNN Bloomberg to discuss the markets. Lieberman talks on what he’s expecting to see from big tech earnings this week and says that the economy is doing surprisingly well, having him not anticipating a recession this year. He expects transitory portions of inflation to dissipate but says the tight labor market will keep levels well above the U.S. Fed’s 2 per cent inflationary goals.

Inflation & Recession Risks

JoAnne Feeney, Advisors Capital Management Partner & Portfolio Manager & Bob Diamond, Atlas Merchant Capital CEO talk about ways to get inflation down and how to navigate a slowing environment. (Source: Bloomberg)