So, folks, what we think we know and what we expect, is well documented.
- possible recession
- almost confirmed rate cuts (FED 3x vs market 6x)
- possible deflation
- black swan event
But this year 2023, I've been basing my approach on
a) Technicals
b) Fundamentals
c) Macroeconomics
And despite we are all expecting some form of "crash" in 2024, the look so far however, still points to a good 2024.
5200 is a 10% gain from current levels on S&P500.
Consistent with typical gain for the index.
What are your thoughts?
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