S&P 500 2023 outlook: Market expert David Nelson says there's still room for growth

10 months ago
157

According to David Nelson, Chief Strategist at Belpointe Asset Management and Host of The Money Runner podcast, there is still room for stocks to rally in the current year. In a conversation with Michelle Makori, Lead Anchor and Editor-in-Chief at Kitco News, Nelson dives into the latest market movements and provides his analysis on crucial factors such as Federal Reserve policy and the debt ceiling resolution. He sheds light on the implications of these factors for stocks, bonds, oil, and gold in the foreseeable future.

During the discussion, Nelson also shares his expert stock picks and offers insights into why he believes the S&P 500 will experience an upward trajectory, surpassing its present levels by the end of the year. Join Nelson and Makori as they provide valuable market insights and discuss the potential opportunities in the stock market.

Follow Michelle Makori on Twitter: @michellemakori (https://twitter.com/michellemakori)
Follow Kitco News on Twitter: @KitcoNewsNOW (https://twitter.com/KitcoNewsNOW)
Follow David Nelson on Twitter: @davidnelsoncfa (https://twitter.com/davidnelsoncfa)

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0:00 - Debt ceiling and the Treasury
7:44 - Fed policy and banking
13:23 - Stocks
19:15 - Investment implications
23:12 - Geopolitical tensions
27:36 - Decoupling from China
29:40 - BRICS reserve currency
31:40 - Oil
34:40 - Recession
35:50 - Gold
38:22 - Stocks will rally

#stocks #inflation #recession
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