To The Moon

The S&P 500 should end 2023 about 9.1% higher than where it closed Tuesday. Downward pressure on the index should ease by the end of 2023, leading the index to around 4,300 points. That's about 350 points higher than where it last closed. Heading into 2023, the macro headwinds are largely still in place. The key difference is that by the end of next year, many cycles should have rotated once again to being friendly to risk assets. @CaptainTiger

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