Today is the 2-year anniversary of the Bloomberg economists survey which showed a 100% likelihood of a recession.
Since then, the S&P 500 is up +64% and GDP growth has been +3% annualized according to Carson Group.
Headlines suggesting extreme outcomes on either side are counterproductive to long-term gains achieved via prudent risk-aware investment strategies.
October 17, 2024
Today is the 2-year anniversary of the Bloomberg economists survey which showed a 100% likelihood of a recession.
Since then, the S&P 500 is up +64% and GDP growth has been +3% annualized according to Carson Group.
Headlines suggesting extreme outcomes on either side are counterproductive to long-term gains achieved via prudent risk-aware investment strategies.