Stock Market Outlook: Stocks Could See 'Amazingly Strong' As Fed Eases
Market sentiment and uncertainty over Fed policy is set to improve next year, which could give an big boost to stocks, Jim Paulsen said.
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Market sentiment and uncertainty over Fed policy is set to improve next year, which could give an big boost to stocks, Jim Paulsen said.
"All of this, in our view, are reasons that any equity rally should exceed that seen in July, which was the 'false dawn of a Fed pivot,'" Lee said.
The market is in the midst of a technical rally that could last through Thanksgiving, and an end to the bear market may be in sight by early 2023.
The Fed will slow its pace of rate hikes to prevent something breaking in the financial system, Mohamed El-Erian said.
Fed policy in 2022 has been akin to "the inmates running the asylum," billionaire Starwood founder Barry Sternlicht said in an interview with Fortune.