Ted Oakley: "Worst Part" For Stocks Lies Ahead In 1st Half Of 2024
Thoughtful Money with Adam Taggart
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Outlook on Stocks and Concerns about Debt
In this chapter, they discuss their outlook on stocks, with a prediction of a correction happening in the first half of next year. They then shift the focus to debt and bonds, expressing concerns about the levels of debt in the American and global economies. Specifically, they highlight the wave of maturing debt that corporate America is facing, which could significantly increase the cost of debt if interest rates remain the same.
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