I’ve spent the last year and a half being cautious in the wake of the Bubble-Blowing Bull Market that finally ended early in 2022. Following this year of turmoil, the timing may just be right for us to see the economy morph into something healthy for while.Keep in mind that the markets and the economy are not the same. And now, onto some the predictions and commentary.
Improved productivity will mean a shock to the upside for corporate earnings in 2024, and since the stock market always thinks ahead, AI will help lead a tech rebound in 2023. 5. The Federal Reserve won’t cut interest rates — the federal funds rate will be in a range of 5% to 6% for most of 2023. The Fed won’t have to cut rates as the U.S. economy stabilizes and begins to surprise to the upside by the end of the year. It is healthy for people to be rewarded for saving money in a bank or lending to a government.
7. We will end 2023 with two-year Treasury notes yielding 3% to 4% and 10-year notes yielding 4% to 5%. That would be normal and healthy. 9. Oil will drop to $50 o $60 a barrel and stick around there for most of the year. OPEC+ member states will begin over-pumping while the U.S. increases its supply. This will be a boon to the rest of the U.S. economy, through it will also mean that earnings estimates for many energy companies will have to come down, putting pressure on their stock prices.
codywillard maybe, but I dont think that the price for oil will be so low this year.
Россия Последние новости, Россия Последние новости
Similar News:Вы также можете прочитать подобные новости, которые мы собрали из других источников новостей
Источник: Investingcom - 🏆 450. / 53 Прочитайте больше »