A week ago I was in a room with a hundred people and asked the following question:
How many of you think the S&P 500 takes out its October low?
At least 80% of the people raised their hands.
I then asked, how many of you think we’re in a recession or will be in 2023? Everyone who had their hand raised for the first question kept it in the air for the second.
My small sample is confirmed by every poll out there. …
How many of you think the S&P 500 takes out its October low?
At least 80% of the people raised their hands.
I then asked, how many of you think we’re in a recession or will be in 2023? Everyone who had their hand raised for the first question kept it in the air for the second.
My small sample is confirmed by every poll out there. …
The post Consensus appeared first on The Irrelevant Investor.