Fed may have 'engineered a pretty brilliant soft landing': Strategist

Cooling inflation prints may prove to be the ideal lay-up for the Fed and earnings season this quarter. Baird Investment Strategy Analyst Ross Mayfield and Annandale Capital Founder George Seay share their opinions on the earnings performance of big bank stocks, such as JPMorgan and Wells Fargo, and what it may say about market volatility moving into the second half of 2023. Seay continues to say that the Fed may have even 'engineered a pretty brilliant' soft landing scenario, noting that further interest rate hikes won't immediately handicap markets or consumers.