June 20, 2023

2023 Mid-Year Outlook – Climbing a Wall of Worry

Latest Publications 2023 Mid-Year Outlook – Climbing a Wall of Worry

Cetera Investment Management is pleased to release its 2023 Mid-Year Outlook titled, “Climbing a Wall of Worry.” In this outlook, we discuss the S&P 500 climbing out of the bear market and into a new bull market. While much of the rally was driven by megacap growth stocks, there is reasons to be optimistic about the economy. The question will be if a rising tide will lift all boats, or those high-flying stocks will eventually sink. Our base case is that more cracks will emerge in the economy from high interest rates, which may lead to market volatility rising again. We outline why in the mid-year outlook.

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The Market Outlook is published by Cetera Investment Management LLC, an SEC registered adviser owned by Cetera Financial Group. Cetera Investment Management provides market perspectives, portfolio guidance, model management, and other investment advice to its affiliated broker-dealers, dually registered broker-dealers and registered investment advisers.