Wall Street Has a Plan for a Soft Landing: Buy More Stocks

Nov. 18, 2023 9:00 pm ET

Wall Street believes its soft-landing dream is on the verge of coming true. That is prompting a recent wave of demand for shares. 

Markets have rallied since final week’s consumer-inflation report got here in softer than anticipated. Many analysts and portfolio managers mentioned they count on the good points to choose up heading into year-end, reflecting a way that markets have confronted down their most vital problem: the potential for rising bond yields to crimp financial exercise, scale back demand for shares and ship the U.S. financial system into recession.

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Source: wsj.com