The Fed sees through the rearview mirror clearer than they see through the windshield, says Rhys Williams. He discusses the impact of the Fed's rate policy on market performance. He talks about how he sees a finish to raising rates in the first quarter and expects 2023 to see public debt and equity outperformance private. He notes that until the Fed becomes less hawkish, we expect health care, defense, some REITs, and consumer staples to outperform. Finally, he goes over 2023 market predictions for public versus private markets. Tune in to find out more about the stock market today.
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