Traders are betting against American Airlines and Ralph Lauren with a recession still on the table
But traders' big bets against American Airlines, Ralph Lauren, and other cyclical stocks signal the market hasn't abandoned all caution just yet.he'd been wrong to write off equities
at the start of 2023 – but warned there could be pain ahead still as falling inflation limits listed companies' ability to prop up their earnings by hiking prices. Top economist David Rosenberg echoed those sentiments Monday when he said this year's AI-fueled rally had been a"The US's Gross Domestic Product is expected to have risen 1% in the second quarter and then fall 0.1% in the three months ending September 30, according to data from the
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