Category: Rebecca Patterson

Rebecca Patterson on the cary trade, warns just 50% chance of a soft landing

August 16, 2024

Rebecca Patterson says soft landing is still 50%50%, retail may play a role in cary trade Speaking on Bloomberg survallance, Patterson said it makes sense to listen to the investment banks such as JPMorgan, which said the cary trade is mostly done. A few other banks have said similar. Says

Rebecca Patterson warns we don’t yet know what kind of landing we will have, rate cuts will take time to feed through economy

August 15, 2024

Rebecca Patterson says not clear what kind of landing we have, worries that rate cuts may take time to work through the economy. Speaking on Bloomberg The Close, Patterson noted that economic data was mixed, with NFIB survey data better than expected and small business hiring plans remaining steady. However,