Stock Market Is 'Very, Very Confused': RBC's Calvasina

The video discusses the current economic landscape, highlighting a disconnect between strong underlying demand and rising recession risks. Despite forecasts, a recession is not yet widely predicted. The market is confused, with a lack of conviction in investments, leading to volatility in sectors like technology.

Why is there a lack of conviction in the market according to the speaker?

What does the speaker mean by 'whipped sawing back and forth' in the context of market sectors?