So many are chatting about 2018's December and how it looks similar to now. Really? Let's examine that assertion and explore how suddenly everyone notices big tech is big down..AAPL
The new consensus is that the market will be down in the first half of 2023, but by midyear, the recession will hit, interest rates will come down and just like that the market will rally in the back half of 2023.
If I told you 30 days ago that interest rates, energy prices and the buck would fall while the CPI read would come lower than expected, what would you expect for the S&P 500?