A Cautious Optimist: Fears of inflation and recession may be dominating the economic news but there’s one prominent economist who is cautiously optimistic for 2023. Dr. Jeremy Siegel of University of Pennsylvania’s Wharton School thinks that the “worst of inflation is over…and equities are undervalued.” Take a few minutes to find out why “Jeremy Siegel is Cautiously Optimistic about 2023.”
Note: Dr. Siegel is a well-known economist and market watcher. If you’re a stock market watcher, his “Stocks for the Long Run” is in its sixth edition.
S&P 3,900…Dow 33,000: About this time each year, Dr. Brian Wesbury looks ahead with a stock market forecast 12 months out. Find out why he thinks it’s S&P 3,900, Dow 33,000 by December 2023.
See also his High Frequency Data Tracker as of 12/16/22 comparing key indicators from 2019, 2020, 2021 and 2022.
Look Back, Look Ahead: 2022 was characterized by concerns about inflation, supply chains and a tight labor market. What happened in 2020 and what will happen in 2023? Lauren Saidel-Baker of ITR Economics says it’s important to review 2022 before entering 2023.
