1/12/2023 Whiplash???
AUTHOR: TOWNEWEALTHMANAGEMENT.NET/BLOG 1/12/2023 Towne Wealth
Whiplash could be the market description for 2023, according to REUTERS 12/2022. Contracting activities at some point in 2023, with disinflation, peaking interest rates, a volatile year for equities and a snubbing of the dollar, could denote a challenging year for the markets. All this while energy prices, the Ukraine and China reopening remain huge factors. However, upward revisions of the U.S. third-quarter output, continued tight labor markets and the expected Chinese boom after Covid shutdowns give many pundits a feeling of a more positive climate. Therefore, after the repricing of the cost of money settles and markets adjust to the new cost of money….
What do you not want to own?
and
What do you want to own….?
As one positions themselves to be on the right side of the...
Whiplash???
These are the questions pundits, advisors and investors are deciding on…
this first quarter of 2023.
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The opinions expressed in this material do not necessarily reflect the views of LPL Financial and based on the political content of this material are for general information only and are not intended to provide specific advice or recommendations for any individual. The economic forecasts set forth in this material may not develop as predicted. All indices are unmanaged and may not be invested into directly.
Russell E. Towne, LPL Financial Advisor, is a registered representative with and Securities and Advisory Services offered through LPL Financial, a Registered Investment Advisor. Member FINRA/SIPC.
The opinions expressed in this material do not necessarily reflect the views of LPL.