"The market was betting on the idea of a pronounced slowdown in the economy. However, the economy is resilient and the jobs market is strong. I still feel great about the markets as an economic slowdown and a recession coupled with an interest rate hike has been pushed out by many months. The bull case scenario is that companies are realizing that growth will be hard to come by and there is competition for capital," says Josh Wein. Then, he goes over mid-cap stocks.
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