google.com, pub-2431335701173086, DIRECT, f08c47fec0942fa0 December 2023 - MarchéEconomics

December 21, 2023

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December 2023 Stock and Fund Picks

December 21: We appear to be near the bottom of the current business cycle. It's a very shallow bottom with no clear signal as to when corporate profits might also bottom out. The upside will be characterized by slow growth and stock prices that become overvalued quickly during rally's and lead to frequent bouts of profit taking and stock repricing. In fact, this scenario has just occurred. Slower economic growth is partly a result of the Fed's interest rate policy…