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EPISODE · Jun 27, 2023 · 9 MIN

Waiting for a Negative

from Notes on the Week Ahead · host Dr. David Kelly

I have a sad tale to relate. After dodging Covid for the last three years, my wife Sari and I were at a wedding two weeks ago and the virus decided to crash the party. Two days later, I tested positive and Sari tested negative. I’ll spare you the grim details, since almost everyone has had a similar experience. However, despite only mild and fleeting symptoms, I experienced a rebound and so I’m sitting alone, testing daily, and waiting for a negative so I can return to society. Investors in 2023 have also been waiting for a negative. Waiting to see if economic growth would turn negative. Waiting for a well-established negative trend on inflation. And waiting for the Federal Reserve to perceive enough general negativity to stop raising interest rates. As the first half of the year draws to a close, the wait continues. However, in rather sharp contrast to my predicament, there is plenty that investors can do while they wait.

Episode metadata supplied by the publisher feed · Published Jun 27, 2023

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Waiting for a Negative

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