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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 fresh wave of demand for stocks. 

Markets have rallied since last week’s consumer-inflation report came in softer than expected. Many analysts and portfolio managers said they expect the gains to pick up heading into year-end, reflecting a sense that markets have faced down their most significant challenge: the potential for rising bond yields to crimp economic activity, reduce demand for stocks and send the U.S. economy into recession.

Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8

Summarize this content to 100 words Wall Street believes its soft-landing dream is on the verge of coming true. That is prompting a fresh wave of demand for stocks. Markets have rallied since last week’s consumer-inflation report came in softer than expected. Many analysts and portfolio managers said they expect the gains to pick up heading into year-end, reflecting a sense that markets have faced down their most significant challenge: the potential for rising bond yields to crimp economic activity, reduce demand for stocks and send the U.S. economy into recession.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
https://www.wsj.com/articles/wall-street-has-a-plan-for-a-soft-landing-buy-more-stocks-cecd4518?mod=rss_markets_main Wall Street Has a Plan for a Soft Landing: Buy More Stocks

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