I am very nervous about the markets short-term, and I don't think this rally will last, says Michael Lee. He discusses the massive economic deceleration that is on our hands. He talks about the leading indicators which include housing and manufacturing, which are going in the wrong direction. He then goes over how the Fed will overshoot because this is their only chance to stop inflation. He then goes over his stock picks for 2023 which include TLT, XLP, XLV, and AMZN. Tune in to find out more about the stock market today.
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