A best-case scenario for stocks is quickly fading, BMO says. The bank said that a Goldilocks scenario — an ideal economic setup for stocks where the US economy continues to grow while inflation is subdued — looks less likely due to a confluence of factors that could spark a global slowdown and impact equities. In
The word “Goldilocks” is meme-ing out in US markets right now. It’s a reference to how recent economic data has been neither too cold nor too hot. The labor market and consumer spending have been cooling lately, while inflation has remained relatively mild. For the purposes of keeping interest rates on hold, the recent figures
