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First Move - The Opening Bell on Wall Street in 2023
The IMF put out a statement basically saying that there are parts of the global economy that will not do too well in 2023. The markets are already down peaked to trough 25.4%. On average, in a recession the last 10, you're down 31%, but you've got more mild recessions like 1991 and 1981. What investors should be focusing on is not the lagged economic data.