Tony Welch, Chief Investment Officer at SignatureFD, presents an overview of some economic and market data to help you sort out the news worth paying attention to from the abundant information the mass media provides. This month’s topics include:
- Whether the economy tips into an official recession or not in 2023 likely misses the nuanced point that the goods sector is contracting while the services sector is expanding.
- We believe year-to-date market trends have thus far been encouraging and notably different from the “head fake” rallies of 2022.
- Regardless, we want to remain cognizant of market valuations, which are potentially overweighting market segments that are more cheaply valued.
