Chart of the Day: Pre-Election History Conflicts With Our First Half 2023 View

As clients and regular readers know, we’re not bullish on US stocks (as a group) the first half of next year, but we are open to all possibilities.

As I’ve stated recently, my greatest hesitation on our economic and market view for early next year is that it seems to have become consensus… I.e., all too often (but not always, mind you) the consensus — particularly when it becomes overwhelming — gets it wrong.

Carson Group’s Chief Strategist Ryan Detrick acknowledges the consensus, then, with some history on stocks and the presidential cycle, resists it:


“I’ve done this for more than two decades.

Rarely have I ever seen everyone agree on something like everyone expects the first half of ’23 to be bad for stocks.

Haven’t heard many point out the first quarter in a pre-election year was lower only once since 1950 (up 17 of 18).”

Hmm…. 

Share:

Recieve Between the Lines Posts to your Inbox

Sign up for lorem ipsum delores sin.

We care about the protection of your data. Read our Privacy Policy.
vulkan vegas, vulkan casino, vulkan vegas casino, vulkan vegas login, vulkan vegas deutschland, vulkan vegas bonus code, vulkan vegas promo code, vulkan vegas österreich, vulkan vegas erfahrung, vulkan vegas bonus code 50 freispiele, 1win, 1 win, 1win az, 1win giriş, 1win aviator, 1 win az, 1win azerbaycan, 1win yukle, pin up, pinup, pin up casino, pin-up, pinup az, pin-up casino giriş, pin-up casino, pin-up kazino, pin up azerbaycan, pin up az, mostbet, mostbet uz, mostbet skachat, mostbet apk, mostbet uz kirish, mostbet online, mostbet casino, mostbet o'ynash, mostbet uz online, most bet, mostbet, mostbet az, mostbet giriş, mostbet yukle, mostbet indir, mostbet aviator, mostbet casino, mostbet azerbaycan, mostbet yükle, mostbet qeydiyyat