Every time you tune into CNBC you hear predictions about when the recession will hit. Then, when the Fed will pivot. But are people focused on the wrong things? Jay Pestrichelli is back with Derek Moore to discuss markets, earnings, and why the contrarian take is everyone can't be right. Plus, the more the yield curve inverts, the harder it will be for a recession to arrive in 2023.

2023 Earnings EPS scenarios review

Forward P/E ratios and where multiples will be

Why the market goes up or down form here (or sideways)

Employment differences in the Household Survey vs Establishment Survey

NFP labor market survey low response rate

Atlanta Fed Wage tracker moving in wrong direction (moving higher)

Monthly Inventories and sales ratios showing higher inventory builds

PPI comparing core less food and energy with total PPI

PPI higher but lower YoY number

History of Fed Pivots and where we are now in the cycle

Index of companies with international sales inverse with US Dollar strength

Why the dollar needs to go lower

Shanghai to Los Angeles container shipping rates almost back to pre-Covid average

Mentioned in this Episode:

Podcast FTX Crypto Debacle | Yield Curve Inversion | Enough with Recession Talk https://podcasts.apple.com/us/podcast/ftx-crypto-debacle-yield-curve-inversion-enough-with/id1432836154?i=1000586865880

Derek Moore's book Broken Pie Chart https://www.amazon.com/Broken-Pie-Chart-Investment-Portfolio/dp/1787435547/ref=sr_1_1?keywords=broken+pie+chart&qid=1558722226&s=books&sr=1-1-catcorr

Jay Pestrichelli's book Buy and Hedge https://amzn.to/3iSUbXp

Contact Derek [email protected]