Bullish In 2023 With a $4,500 Price Target On SPX

<p>"I am bullish in 2023 with a $4,500 price target for the S&amp;P 500 Index or SPX as I think inflation will come down. It is usually a better time to be long when earnings season is underway and to be cautious when there is no earnings just economic data is being reported. The jobs report provides further evidence of the failure of the Federal Reserve's forecasting models. The decline in housing prices was driven by a tight monetary policy," says Jay Hatfield.</p>