CePro – Hank Smith, Head of Investment Strategy, recently presented at the HTSA 2022 spring conference on the outlook for the markets and reasons to stay positive amidst rising inflation, neutral monetary policy, and some forecasts of a recession in the next year. Smith stated, “Some economists are forecasting a recession by the end of the year or early 2023, but the risk of recession remains relatively small over the next 12 to 15 months … we believe there is a tremendous pent-up demand.”
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