Still Bearish

Still Bearish

April 03, 2023

If you were bullish for 2023…congratulations!  The S&P 500 rose 7.0% in the first quarter and, although we still have more data to analyze before we finalize our prediction, it looks like real GDP grew at about a 2.0% annual rate in Q1.  No drop in stocks, no recession.  At least not yet.

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