Tony Welch, Chief Investment Officer at SignatureFD, presents an overview of some economic and market data we believe is worth paying attention to, identifying what data may be most impactful to help you sort through the abundance of information available.
This month’s topics include:
- If 2022 can be characterized as a year of negative surprises, 2023 has provided an opposite backdrop. Economic data and corporate fundamentals have surprised to the upside.
- The market rally was initially narrow in that not many stocks were participating in the advance. However, the strength has broadened of late.
- If October was the bear market low, we might expect positive returns until the economy comes closer to entering a true recession, which looks like a problem for another day.
