Bonfire of the Sanities “How to Reset Your Portfolio for Today’s Financial Lunacy”

The Fed will pause in December and rates will stay higher for longer, notes David Wright. He discusses big picture market trends. He talks about how the labor market is still relatively low and layoffs will be coming from reduced demand. He goes over market expectations for the remainder of 2023 and the beginning of 2024. He also highlights his book Bonfire of the Sanities “How to Reset Your Portfolio for Today’s Financial Lunacy.” He also mentions investment strategies to consider in the current market environment. Tune in to find out more about the stock market today.