We expect the U.S. economy to have a soft landing, notes Jay Hatfield. He talks about how the housing sector continues to be resilient. He discusses the expectations for market performance in 2023. He notes that he expects the Fed to execute a hawkish pause at the June meeting, as the Fed is almost always a year behind in making appropriate policy actions. he goes over what a Fed pause would mean for the markets, as well as indicators to have on your radar. He is bullish on the market, maintaining 4,500 target on the S&P 500. Finally, he looks at the supply and demand outlook for crude oil. Tune in to find out more about the stock market today.
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07 Jun 2023
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