David Kelly said he's "convinced that inflation is going to get down to 2% on its own."
Morgan Stanley's stock chief has maintained his bearish stance even as peers have ditched their gloomy outlooks.
The world economy's outlook is actually improving, says Edward Yardeni.
Choosing which sectors to be in is made more challenging by the stock rally of the past two months.
“We're moving in the right direction. We are slowing,” he said.
“All of you who are looking for a pivot, be careful what you wish for,” economist Mohamed El-Erian said.
The bank is forecasting that the U.S. economy will lose about 2 million jobs next year.
The firm's chief economist thinks Fed Chairman Jerome Powell will slow the pace of rate increases.
Home sales are also starting to show "markdowns."
“Quietly, slowly, laboriously, I'm beginning to become less bearish,” he said.
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