Quarterly Outlook Q3 2023: Recession Predictions Linger

Although many economists predict a recession for 2023, the economy continues to be resilient. Several factors are keeping the economy in expansion mode — the strong labor market, strong consumer and corporate balance sheets and the stabilizing housing market — despite significant headwinds. In our Quarterly Outlook, we cover what’s contributed to growth in stocks, signs that the bond market has stabilized, and remind investors that recessions are not a reliable way to time the market.

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