One Million Reasons for a Stronger 2023 Stock Market

Jobs and inflation are the big questions for the stock market and investors in 2023. Fortunately, we just got very good news on both that could mean stocks get a chance to boom into the next bull market this year. The government may be over-estimating the strength in the jobs market and inflation could be about to come down fast. I'll share the data on that along with our weekly stock market update!

My Investing Recommendations 📈

Joseph Hogue, CFA spent nearly a decade as an investment analyst for institutional firms and banks. He now helps people understand their financial lives through debt payoff strategies, investing and ways to save more money. He has appeared on Bloomberg and on sites like CNBC and Morningstar. He holds the Chartered Financial Analyst (CFA) designation and is a veteran of the Marine Corps.

[arigutman]

I think the worst is actually yet to come and we could see a true bottoming out in about 3- 6 months, but thereafter we will see a massive run-up in the market. Therefore, it is important to take advantage of opportunities when stocks dip and we get hit with recession news. I will be continuing with my strategy of dollar cost averaging into core positions which are companies with strong brand names, great leadership and have well capitalized balance sheets... Good luck to all and cheers!

[BnibroC]

Still think we can see as low as 3000 in the S&P?

[fadisafadi]

You are a real CFA and hero really. Am a professional TA and all what you say now and previous videos make sense. Specially the stocks you recommended. And Energy sector when biden took. And guess what!! Bbby filed bankruptcy. Man you are good! God bless

[redbyron]

Happy New Year, Mr. Hogue, looking forward to your new videos this year!

[_Shimona]

I love your videos! I learn something new every time I watch one! Thanks so much for all you do!

[daviddunbar]

Joseph, excellent content. Extremely thankful for your channel and I have learned a lot here. Couple of preferred stocks I’ve picked up recently that are selling at a deep discount are NS/PRA - Energy sector 11.13 % current yield and BW/PRA - 13.14% current yield. Happy New year and I look forward to more of your quality videos.

[philiphamilton]

Just started my webull account. I'm ready to start building wealth. Love your channel

[Ethxnb]

2023 will be a great year for stocks no doubt

[EthricTheMad]

I have a core of O/jepi/schd with some value stocks like NRG and CWH and a few penny stocks like CURI and CLNE. I've made lots of bad choices but hopefully all these will play out well. I could really use some optimism in my life considering how much worse things seem to be overall. I just want to retire asap so I can devote my life to things I love rather than live to pay bills and Uncle Sam. One day, hopefully. Thanks for your videos, I appreciate them.

[userjoe]

Gold is on the move! Gold miners are still ridiculously cheap.

[TheBennik]

Well this is all still speculative. But I think we will see some kind of rally. I just don't think it's going to last that long. I think that the Fed is not happy with high spending and it needs to reduce it so it's going to do everything it needs to hamper down spending

[_itineraryguy]

Hello Joseph - Can you share your view on coffee can investing and which stock would fit in that theme in USA economy?

[bitcoinworld]

When the population stops spending, prices come down and so does "inflation".

[rd]

The HISTORICAL average P/E for the market is ~15-16 and that means that just getting to that range is STILL NOT CHEAP. Personally i don't think the "market" is cheap until you get to 10-11 and be in a buy range. However there are some opportunities for stocks in single digits and that's even better.

[rustypipes]

I'm on SSD and comp ( 6 months from retirement) . Most of the stocks I own are geared toward dividend income with about 40% defensive. When I hear about the the jobs market I can't help but think most of these " new" jobs are the result of people going back to work after this administration paid them to stay home for so long! As for inflation, I measure it by what food and gas cost me. I've watched a dozen extra large eggs go from $1.49 to $2.50 to. $6.50 over the last 18 months! On the bright side, I've given up bacon. Do you have any thoughts on Syn- bio? I just read about it being the " next big thing".

[srortega]

BBBY is closing most stores in California

[johnholmes]

We just spent two trillion dollars which is a major problem inflation is going to be caused, the drunks in liquor store. I’m in real estate many lenders say this going to cause higher rates soon? How are you pricing this into market? How do we invest in light of more acute inflation and higher rates?

[brownhilton]

<The four most dangerous words in investing are; it's different this time; Sir John Templeton. Economies are cylical, and the markets have shown that they'll recover. Make sure you're part of those recoveries.

[garyschmelzer]

You say, when the stock market crashes, you know something we don’t

[rustypipes]

If I was younger I'd probably would invest pretty heavy into "Syn-Bio" which is based on CRISPR gene editing, gene splicing, an available 50 type cancer screen, and immuno therapy which at some point will replace a lot of radiation and chemo- therapy, both of which have life shortening cumulative effects in the long run. Some of the cutting edge companies are ILMAN, ISRG, HOLX, DHR, BRKR, and of course the larger companies like Moderna.