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Jim Bianco joins Bloomberg's The Open to discuss the 2023 Outlook & the Jobs Market

Talking Data

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Are We Being Too Cute About the Gliding Path for Next Year?

I share the view that their liquidity is poor, and the markets are very stressed. And I do worry that there's going to be a problem. When a market is this stressed and liquidity is this poor, it doesn't take much to create a crisis. It wouldn't surprise me if we did see one in 2023. So are we being too cute for next year? The wrong way, the glide path through 2023,. You guys are familiar with the consensus. Jim Bianco, the consensus view on the street right now. We're at 4K right now on the S&P. We'll end year end 23 at 4K.

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