Why Michael Kantrowitz Is Rethinking His Market Outlook

The video features a discussion with Michael Kantrowitz from Piper Sandler about the market outlook for 2023. Initially pessimistic, Kantrowitz reflects on the unexpected market rally driven by tech and AI, leading to a recalibration of expectations. The conversation also covers the impact of economic indicators and historical market behavior, emphasizing the importance of leading indicators over lagging ones.

What was Michael Kantrowitz's outlook for the S&P 500 in 2023?

How has the performance of large-cap market indices affected the year-end target published in January?

What factors does Michael attribute to the recent market rally?

How does historical behavior of markets relate to current economic indicators?

What is the significance of leading economic indicators according to the discussion?