Recession or soft landing? Five reasons to be cautiously optimistic about 2023 | CNN Business

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Last year was dominated by scary headlines about crushing inflation, super-sized interest rate hikes and mounting recession fears. Here are five reasons to be cautiously optimistic about 2023.

It was a brutal period for the stock market, with roughly one-fifth of the value of the S&P 500 vanishing and the Nasdaq dropping by more than one-third. All three major US markets suffered their worst years — by far — since 2008. And yet now that 2022 is over, there are clear bright spots in this economy that offer hope 2023 will not be the year the next recession begins. Historic jobs recovery Hiring remains surprisingly resilient.

But if inflation remains well above the Federal Reserve’s 2% target, that would be problematic. Gas prices have plunged The No. 1 headache for consumers for much of this year has eased considerably. After spiking above $5 a gallon for the first time ever in June, gas prices have plunged. The national average for regular gasoline recently dropped to $3.10 a gallon, an 18-month low, though it has crept higher in recent days to about $3.22 a gallon.

 

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This is not possible CNN explained there was no inflation before the lasr elections. Was CNN not understanding economy or just manipulating candid American people?

More Fake News CNN

Why are shelves that should be stocked with baby formula still mostly empty?

How about those Project Veritas and all those live videos drops by CNN, Communist Cali Teachers, FBI whistle Blowers? Conspiracy stories come to life often. 🤔. Wake up America!

If republican was prez it be “cautiously pessimistic” 🤡🤡🤡🤡👏👏👏👏

Biden is president Biden is president Biden is president Biden is president Biden is president he is trash.🖕🖕🖕🖕🖕🖕🖕🖕

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Inflation, recession and earnings among factors to drive U.S. stocks in 2023 By Reuters*INFLATION, RECESSION AND EARNINGS AMONG FACTORS TO DRIVE U.S. STOCKS IN 2023 - $DIA $SPY $QQQ $IWM 🇺🇸 🇺🇸 FED can be the single most factor driving them. Too fat to survive this Bear. Let's recap and have an honest look at what's ahead:
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