MRKT Call 12/29/2022: Liz Young's 2023 Outlook
RiskReversal Pod
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Stocks and Bonds Together - The Worst Year Since 1928
This is only the fifth time since 1928 that stocks and bonds have both been negative. Even if we find out we're in a recession let's say stocks bottom in January, there's a decent chance we have a pretty big stab down in January. The likelihood that the stock market bottoms in the first quarter of this year is like wishful thinking here because what's gone on over the last couple of weeks just the wholesale selling of high valuation.
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