- Despite increased fears of a recession, the stock market is generating bullish signal after bullish signal.
- Carson Group’s Ryan Detrick highlighted seven signs that indicate an upside surprise.
- “We think the odds strongly favor continued strength from stocks in 2023,” Detrick told Insider.
Investors are being pulled in opposite directions this year as recent economic data suggests a recession is imminent while the stock market continues to generate a wave of bullish signals.
“I’ve done this for more than two decades and I’ve never seen a time that nearly everyone agrees a recession is coming and stocks will crash, yet the data isn’t showing this at all,” Carson Group chief market strategist Ryan Detrick told Insider on Thursday.
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