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Wall Street’s Got It All Wrong

It’s still only January, and yet Wall Street’s top experts have already made a critical mistake in judging where the market’s headed this year.

As I look out at 2025, I want to lay the groundwork, create a framework, so to speak, of what I expect to see going forward. And ultimately, it’s all going to come back to the economy, right?

Because the economy is reflecting business activity, and that means that whatever we see in the economy should be reflected in earnings. And earnings are going to drive the stock market. So it always comes back to the economy, and you’ve got to read the economic data, you got to read those tea leaves correctly.

And folks, the experts have been misreading it, and I have been reading it correctly. So I would like to share my framework.

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