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CNBC Survey: Expect 50 bps this week and another 75 BP next year
The CNBC investor survey shows the Fed is likely to continue to tighen but the worst is mosly behind us:
- 50 bps hike next week
- Additional 75 basis points in 2023
Although the Fed is expected to increase rates, the survey shows that the S&P is expected to rise in 2023 and 2024
- Current at 3934
- End of 2023 at 4044
- End of 2024 at 4418 (+12.3% from currently levels)
Chance of the S&P increasing/decreasing 10% from current levels... Read More
Posted: Dec 12 2022, 15:36
Author Name: forexlive
Views: 110749