The primary short-term headwind to stocks is Federal Reserve policy, but the long-term headwind will be the economy; real recession (with rising unemployment) is still ahead and will force companies to make significant earnings adjustments.

causalpending

Speaker

Ted Oakley

Evidence Quote

the short-term Jack would be Federal Reserve yeah because but I don't think that'll be the long term in the long run I think it will be the economy because what will happen is you'll have somewhere along the line you would have probably two quarters of you know reasonably significant downturn uh where it would get into the see we haven't gotten into unemployment yet but when unemployment starts Rising you get into real that's when you're in a real recession

Source

The Bear Market Has Only Just Begun | Ted OakleyForward Guidance
Created: 8/10/2026, 11:14:48 PM

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