Monday, January 2, 2023

The General Equity Market Setup (video)

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Attention Non-Client subscribers: Nothing in this video should be construed as investment advice. The examples expressed relate to portfolio management we perform on behalf of our clients, and, again, under no circumstances are they to be considered recommendations to the viewer.


  1. Thanks for this great video Marty!
    The consensus of 2023 is pretty much in line with what you have been saying all along. Yahoo finance has the following surveyed:
    1. Mild recession to end in H2'23
    2. Inflation under control by H2'23
    3. Market rebound in the second half to surpass previous highs
    4. Big Tech makes a comeback (this includes all the beloved Chinese Tech Stocks also)
    5. Social media collapses to be replaced by the metaverse.

    We will find out on how 2023 will be played out. If the dynamic market were as simple as everyone surveyed, investors would not lose money in 2018, 2020, and 2022. The year 2023 will be a very Very Interesting One and there are still a lot of uncertainties that carry over from 2022.

    1. My pleasure Sam! Yeah, recession 2023 has become pretty much consensus... My guess is that, if the market basically holds up the first half (that's a big "if"), tech will do relatively well... However, if the economy rebounds in H2, tech will likely deliver quite the underperformance, as inflation heats back up... Lots of variables, and lots of uncertainty in that thesis.