I think fear is the most powerful driver of all, but there's actually a big fear of being wrong right now. Some of the things that will always go underappreciated are just the strength and the power of sentiment in the market. After a drawdown, it's that much more difficult to convince yourself to buy something that's risky when in reality, that's exactly what you should be buying towards a bottom.
Even if a soft landing is possible, investors may not want one. Plus, how do you even know if a soft landing is happening? Liz Young is the head of Investment Strategy for SoFi. Motley Fool editor Mary Long caught up with Young to talk about: - Macro data that’s meaningful to stock investors - How to build an investment thesis - One sector that’s been “unfairly punished” - The likelihood of a recession in 2023 Host: Mary Long Guest: Liz Young Producer: Ricky Mulvey Engineer: Rick Engdahl
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