Why October's yield curve inversion might not spell doom for U.S. stocks in 2023

Even with another part of the U.S. Treasury yield curve flashing recession signals, U.S. stocks aren’t necessarily doomed to fall in 2023, according to James Paulsen, chief investment strategist at the Leuthold Group.

However, he also put together this chart showing the S&P 500’s SPX total return as mostly positive one-year and two-years after the first month of a 10-year/3-month yield curve inversion since 1965. A departure from the trend occurred when investors weren’t skittish enough about stocks heading into a recession, particularly in 2000 when stock-market investors were caught off guard by the dotcom crash, which saw the S&P 500 post back-to-back annual declines of 14.3% and 23.6%, respectively.

Let's see how well this tweet/article ages. My bet is it is much more likley to turn into vinegar rather than wine.

Kiss of Death

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Stock Market Will Get Worse In 2023 Before It Gets Better, JPMorgan SaysThe S&P 500 could decline as much as 14% by the first half of next year, according to JPMorgan analysts. Ink ran out :) Or not 🪙 Binance
Source: Forbes - 🏆 394. / 53 Read more »

BMO's Brian Belski sees modest stock-market gains in 2023 on hopes of a tame recessionThe Canadian bank's strategist sees small gains for stocks next year, borne of a belief that the U.S. may only see a mild recession and few Fed rate hikes. Will the economy improve from the middle of next year?
Source: CNBC - 🏆 12. / 72 Read more »

Stock Market Will Get Worse In 2023 Before It Gets Better, JPMorgan SaysThe S&P 500 could decline as much as 14% by the first half of next year, according to JPMorgan analysts. As Planned ☆☆☆ That's a great opportunity for new investors
Source: Forbes - 🏆 394. / 53 Read more »