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

Wall Street believes its soft-landing dream is on the verge of coming true. That is prompting a contemporary 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 anticipate the beneficial properties 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.