The Fed needs to 'kill the zombie' with a high-rate-induced recession before investors should jump in to buy more stocks, strategist says

The Fed needs to 'kill the zombie' with a high-rate-induced recession before investors should jump in to buy more stocks, strategist says

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The Fed needs to kill off the half-dead US economy by leaving rates higher for longer to induce a recession — and only then should investors put more cash in the market, according to Tony Dwyer, the chief market strategist of Canaccord Genuity.

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