TKer by Sam Ro

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Economic forecasts are getting revised up, and people aren't thrilled about it πŸ™ƒ

www.tker.co

Economic forecasts are getting revised up, and people aren't thrilled about it πŸ™ƒ

Plus a charted review of the macro crosscurrents πŸ”€

Feb 19, 2023
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Economic forecasts are getting revised up, and people aren't thrilled about it πŸ™ƒ

www.tker.co
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(Source: RawPixel)

Stocks inched lower, with the S&P 500 declining 0.3% last week. The index is now up 6.2% year to date, up 14% from its October 12 closing low of 3,577.03, and down 15% from its January 3, 2022 closing high of 4,796.56.

β€œThe bear market is over, but it is not the great reflation,β€œ Chris Harvey, head of equity strategy at Wells Fargo Secu…

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