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Markets Rising in 2023 on "Better Than Feared" Contrasting with 2022 Seeing Declines Due to "Worse Than Expected"

Released on Tuesday, May 2, 2023•MARKETS

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Equity markets are on track to gain as much as 20% in 2023, reflecting multiple positive developing tailwinds. While investors think EPS or Fed pivot signal bottom, this is an inflation cycle.

Thomas Lee

Fundstrat Global Advisors, Managing Partner & Head of Research

Thomas Lee is a co-founder, managing partner, and the head of research at Fundstrat Global Advisors and FSInsight.com. He is an accomplished Wall Street strategist with over 25 years of experience in equity research and has been top ranked by Institutional Investor every year since 1998. Prior to co-founding Fundstrat, he served most recently as JP Morgan's chief equity strategist from 2007 to 2014, and previously, as managing director at Salomon Smith Barney. His areas of expertise include market strategy, small/mid-cap strategy, and telecom services. Mr. Lee received his BSE from the Wharton School at the University of Pennsylvania with concentrations in finance and accounting. He is a CFA charterholder and is an active member of NYSSA and the NY Economic Club.