New Bull Market - Bear Anguish (Patreon)
Published:
2023-06-30 13:46:23
Imported:
2023-06
Content
SO many are still bearish and cannot believe what has happened over the last 8 months. Well this report from CNBC Pro tells a diff story.
Markets are fwd looking. Jerome Powell's jawboning of the market is not working. Money is being put to work.
- Most investors believe we are in a new bull market. A recent survey by CNBC found that 63% of investors believe we are in a new bull market, while only 17% believe we are in a bear market.
- Investors are optimistic about the future of the stock market. The same survey found that 72% of investors are optimistic about the future of the stock market, while only 12% are pessimistic.
- The Federal Reserve is expected to continue raising interest rates. The Federal Reserve is expected to continue raising interest rates in an effort to combat inflation. This could lead to a slowdown in economic growth, but it is not expected to cause a recession.
- The U.S. economy is still growing. The U.S. economy is still growing, albeit at a slower pace than in recent years. This growth is being driven by strong consumer spending and business investment.
- Corporate earnings are expected to remain strong. Corporate earnings are expected to remain strong in 2023, despite the rising cost of doing business. This is due to strong demand for goods and services, as well as the continued growth of the U.S. economy.
- The stock market is likely to remain volatile in the near term. The stock market is likely to remain volatile in the near term, as investors assess the impact of rising interest rates and other economic factors. However, most investors believe that the long-term trend for the stock market is still up.
SPX up over 25% in that timeframe