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Podcast: Money Life with Chuck Jaffe
Episode: Carson Group's Detrick: 'We do not see recession any time soon'
Description: Ryan Detrick, chief market strategist at Carson Group, says the first-half upside surprise from the stock market and economy has positioned the market for a big second half of the year. Detrick says that when the market posts double-digit gains in the first half of the year, historically it has added another 10 percent in the second half; he's forecasting for this year to continue the trend, with the Standard and Poor's 500 projected to gain 21 to 25 percent for the year, a prediction that's way up from the 12 to 15 percent gains he was calling for '23 when he made his annual f...