Here’s what we covered in this month’s webcast:
- After negative real growth in the year’s first half, the U.S. economy looks to have reaccelerated in the second half of 2022.
- While we believe a recession has become more likely in 2023, there does remain a narrow path to a soft landing.
- The cap-weighted U.S. indices may have a concentration problem. Some market segments appear more attractively valued than others.
- Regardless, a higher margin of safety in both stocks and bonds may mean better times ahead for investors.