June 16, 2023

The LJE quarterly forecast has a dual purpose. One is to produce a forecast that accurately captures the economic environment we foresee for the coming quarter. The second objective is to dress up the forecast with a parsimonious and coherent description of the foreseen economic environment. The forecast paints the following picture for the coming 12 months: A declining inflation rate and a steady pace of economic expansion. The forecast adds up to a high single digit earnings growth adding to positive stock market returns during 2023.

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