Closer to a Turning Point

Closer to a Turning Point

April 25, 2023

In spite of weakness in some economic data, problems in the banking sector, and much higher interest rates, real GDP in the first quarter will almost certainly show moderate growth.  Meanwhile, the S&P 500 is 15% higher than its low point in October 2022.  And, now, many are starting to believe that a recession isn’t going to happen.

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