- December 27, 2022
- Posted by: Stratford Team
- Category: Economy
Scott Olson
There is always plenty of guesswork to be done when it comes to predicting the future of the US economy but most importantly the S&P 500 levels, profits, and valuations. After all, there are plenty of economic but most importantly geopolitical factors that matter a lot. And yet, I would like to give it a try. I will try to forecast the S&P 500’s behavior in 2023.
US economy indicators
I will talk about some of the most common macroeconomic indicators used to judge the health of the US economy. These indicators are the inflation rate, the unemployment rate, the Treasury yield spread, PMI manufacturing and non-manufacturing published by the Institute of Supply Management (ISM), and Shiller’s P/E ratio. In addition, I will also analyze the S&P 500’s historical numbers as well as its profit and valuation indicators. The geopolitical factors also matter here a lot.
So, to start with, the biggest risk, in many analysts’ view, is the Fed’s action…
