f1RST word on the market, november 2023
Against what seemed like all odds, the economy grew at an almost 5% annualized pace, in real terms, in the third quarter! Excluding the COVID rebound, this kind of real growth was last seen in 2014. Back then, it would be another five years before the economic cycle ended in recession. As a result, investors are asking the question, “Is this the Finale or the Encore?” Read on as we debate the answer.
Discover more below with Yellow Cardinal Advisory Group’s market update piece. Sign up to stay informed and receive the f1RST Word on the Market monthly.
