
Surveillance: Hawkish Fed Sparks Recession Fears
Bloomberg Surveillance
00:00
What's Your Downside in the First Half of 2023?
Sam Stoval says the Powell Press Conference and today's Goldman News have drained investor hopes of avoiding a recession. Downside, he thinks 3500 for the S&P 500 is an area of significant support. If we do end up seeing this economy getting weaker than is expected now by the street, I think investors will be looking across the valley into the second half of 2023.
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