Coming into 2022, we told Club members that with inflation running hot and the Federal Reserve on the warpath to beat it back down, the time for playing so-called story stocks was over. You know the kind we're talking about, shares of companies that don't make money and instead tell grand stories of future profits thanks to supposedly monstrous addressable markets.
2023 is the year the Fed wins Fortunately, we think this less optimistic view plays out in the first half of 2023 as we believe next year to be the year the Fed wins the day on inflation. It's also why we are holding on to some stocks that won't do well in 5.5% rate world. That's because we need some stocks that can survive the pressure and take off once we start to see inflationary readings come back down to Earth.
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Source: CNBC - 🏆 12. / 72 Read more »