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Fidelity Sees a Return to Bear-Market Lows

What Goes Up

CHAPTER

What's Your Forecast for the Markets?

Yuri: 2022 was all about undoing the excesses in the markets, stemming from the basically the overstimulated system following the COVID crash and the lockdowns. The Fed appreciated the supply chain bottlenecks. But there should have been more of an appreciation for the magnitude of the fiscal stimulus that we haven't really seen since World War II. And so that was 2022. So now we're in 2023. We should have a certain good, but you're into the party.

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