David Sekera - Morningstar | Hello 2023!

Inflation, recession, high interest rates, mortgage stress, war and cost-of-living pressures, just some of the cheery headlines that we can look forward to in 2023. Or is the future looking more benign? This is the first fresh episode of the year and my guest is Dave Sekera chief U.S. market strategist for Morningstar. Dave is the author of Morningstar’s Stock Market Outlook for 2023 which is the basis for this interview. Following are the key points covered:Stocks are trading at a deep discount to our fair value estimate.Volatility will remain high over the first half of 2023, but market should begin sustained recovery in second half.Headwinds identified at beginning of 2022 are forecast to turn into tailwinds in second half of 2023.High-quality companies with wide economic moats especially attractive.Find out more at the blog post: https://www.stocksforbeginners.net/blog/sekeraPlease consider a small donation if you'd like to support my work educating and entertaining new investors in the stock market.Portfolio tracker Sharesight tracks your trades, shows your true performance, and saves you time and money at tax time. Get 4 months free at https://www.sharesight.com/stocksforbeginnersDisclosure: The links provided are affiliate links. I will be paid a commission if you use this link to make a purchase. You will also usually receive a discount by using these links/coupon codes. I only recommend products and services that I use and trust myself or where I have interviewed and/or met the founders and have assured myself that they’re offering something of value. Stocks for Beginners is for information and educational purposes only. It isn’t financial advice, and you shouldn’t buy or sell any investments based on what you’ve heard here. Any opinion or commentary is the view of the speaker only not Stocks for Beginners. This podcast doesn’t replace professional advice regarding your personal financial needs, circumstances or current situation. Hosted on Acast. See acast.com/privacy for more information.