Back in Correction? | Recession? | Atlanta FED GDP Now | S&P 500 Index Year End Target Update | Useless Fed Dot Plots | 1 YR Stock Market Expectations Plummet | Implied Volatility

Derek Moore reviews two paths for market post -10% correction with and without

a recession. Plus, talking through the difference between expectations miss vs the

actual data through the lens of YoY PCE Core Inflation. Later, confidence in the

stock market plummeted. Oh, and like clockwork, the first investment bank

lowered its year end S&P 500 Index price target and 12-month forward earnings

outlook. Are more coming? And what is going on with the Atlanta Fed GDP now

model? Tune in for this and more this week.

Recession or not in next year may determine market returns from here

Inflation Head Fake but everyone worries

S&P 500 Index Year End Target Update as Barclays lowers EPS and price targets

1 YR Stock Market Expectations Plummet over the last 2 months, largest in 40 years

Implied Volatility pointing to 1.5% 1 standard deviation daily moves in S&P 500

Market sentiment is in the dumpster but is it too much given where markets are?

Markets got back down to over -9% pullback from all-time high

Mentioned in this Episode

Atlanta Fed GDP Now Model https://www.atlantafed.org/cqer/research/gdpnow#Tab1 

ECON PI http://econpi.com/index.php 

Derek Moore’s book Broken Pie Chart https://amzn.to/3S8ADNT 

Jay Pestrichelli’s book Buy and Hedge https://amzn.to/3jQYgMt 

Derek’s book on public speaking Effortless Public Speaking https://amzn.to/3hL1Mag 

Contact Derek derek.moore@zegainvestments.com