2min chapter

Animal Spirits Podcast cover image

Buy the Dip is Dead (EP.288)

Animal Spirits Podcast

CHAPTER

How Many of You Think the Market Takes Out New Lows?

I think earnings will get worse in 2023. I have no prediction that it'll be down 10%, 15, 6%. I don't know. The funny thing is though that we could go into recession and still not do new lows. That's the thing that would get everyone: We go into recession, but the market says, all right, we got the recession,. Now I'm taking off. Is it possible that the bear market bottom before the recession began?

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