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Podcast: Money Life with Chuck Jaffe
Episode: iCapital's Amoroso: The market has adjusted to bad fundamentals
Description: Anastasia Amoroso, chief investment strategist at iCapital, says that while the market and economic fundamentals look pretty bad, those problems have been so obvious for so long that the market has adjusted to where it is now letting slight improvements in the data lead it higher. As a result, even if the numbers show just slight improvement, the market can react positively, which should make it that both the economy and market look much better late in 2023. Amoroso is concerned that the technicals overreacted to a good January, which could lead to short-term volatility or downturn, although she generally fi...