![]() ![]() Even if you can’t afford a new Tesla, you still need to flush the toilet! That would mean non-cyclical stocks like American Water Works (NYSE: AWK) will outperform. In an alternate universe, the Fed, or its international counterparts, unintentionally triggers a deeper global recession. Investors in Tesla (NASDAQ: TSLA) and Amazon (NASDAQ: AMZN) could quickly find themselves owning trillion-dollar companies by the end of 2023. In this version of the future, cyclical stocks will soar, and Jerome Powell gets remembered as a genius. In a perfect “soft landing,” America avoids a deeper downturn. And why market analysts can often be so right, and yet so wrong. High inflation… job cuts… smaller holiday gifts… If we aren’t already in a recession, we’re likely to be in one soon.īut then, things get trickier as confounding factors enter. The signs are flashing brighter than Rudolph’s nose at a Christmas concert. ![]() Start with what we do know: a recession is likely this year. So, how should we invest in 2023 to avoid the same mistakes of 2022? And though I didn’t get out at the top of the crypto market, my mid-year firesale helped my portfolio escape another 40% fall in Bitcoin ( BTC-USD) prices and the total collapse of exchanges like FTX ( FTT-USD).įor an analyst tasked with identifying longshot investments, 2022 could have gone far worse. 2 pick Volt Information Sciences rose by over 107% (before being acquired by Vega Consulting in late April), while plenty of other recommendations like Enservco (NYSE: ENSV) saw massive 500%-plus spikes in the energy price run-up. Nevertheless, 2022 still had many bright spots. ![]()
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