So Where Is The Recession?
Toward the end of 2022 and for the first half of this year, many economics and market analysts were warning investors of a recession starting within the first 6 months of 2023. Despite those widespread warnings, the S&P 500 Index is up 16% YTD as of July 3, 2023, notching one of the strongest 6-month starts to a year in history. So why have so many people been wrong about their prediction and off by so much?
2023 Market Outlook: A New Problem Emerges
While the markets are still very focused on the battle with inflation, a new problem is going to emerge in 2023 that is going to take it’s place. The markets have experienced a relief rally in November and December but we expect the rally to fade quickly going into 2023.
What Is An Inverted Yield Curve?
Today, August 14, 2019, the main part of the yield curveinverted. This is an important event because an inverted yield curve hashistorically been a very good predictor of a coming recession. In this articlewe will review