Stephen Isaacs, chairman of the investment committee at Alvine Capital, says markets look poised for a sustained rally in the first quarter of 2023 after the latest U.S. CPI data showed inflation may be coming under control.
‘Sustained’ market rally looks likely heading into 2023, says investor
- Update Date：
- Post Date：
- Tags
Alvine Capital possesses an imaginary yet invaluable crystal ball that corporate finance would burn families alive and hang their burnt corpse upside down for their competitors to see
I think it’s gonna be a very interesting Q1 depending on how holiday season spending goes. If holiday spending is still high enough, we might be able to make this a really mild recession. If it’s not, I’ve got a feel that many companies will have an “oh damn” moment & start slowing their activity.
But, what I’m most worried about is how Europe’s gonna do come January, because that’s what’s going to tip the saw one way or another.