She expects growth for both the economy and corporate earnings to re-accelerate later this year, in large part because of the Federal Reserve’s pledge to hit pause on interest-rate hikes. That follows seven interest-rate increases in the last two years, including the last one in December, that raised worries about a possible recession and helped send the S&P 500 to a nearly 20% loss at one point.

Source: Los Angeles Times April 15, 2019 18:56 UTC