March Market Madness

Hello everyone, and welcome to the March 2023 edition of the boodle blog! If you are new here, welcome- and if you are a frequent reader, we are pleased that you joined us!
Our blog serves as a way to help boodle clients understand what is happening in the world of investing, while they educate themselves on all things financial. Boodle believes that the person best qualified to manage your money is you! Our mission is to disrupt the people and institutions that have kept financial knowledge from us all.
Now that we have wrapped up our research, let's take a look at the month of March and what clues it can offer us on the direction of the market.
Boodle has grown increasingly bullish on the market since October of 2022. According to our latest research and analysis we continue to remain in the bullish camp, and although the recent trading in the stock market (February saw all 3 tracking indexes with losses) has been a bit choppy, as the year progresses, we expect to see gains that should put smiles on the faces of our clients.
Some of the indicators that we believe support our point of view are the many financial experts that fear a collapse in stock prices and a coming recession. We view them as a contrarian indicator. We are already on record as stating that should a recession appear in the U.S. economy, we expect such an event to be short in duration, and rather shallow. To give a tip of the hat to the bears in the market, inflation is still higher than the Fed would like it to be, but we have seen some weakness in inflation, and we expect this trend to continue in the months ahead. GDP (Gross Domestic Product) has struggled to improve, but once again, our indicators are flashing green. We do expect more interest rate hikes, but they won't affect our overall market consensus. For our clients we are sticking with our opinion of taking a dollar-cost-average approach to any money that they would like to add to their portfolios. Keep in mind, that pullbacks in the market should be used to accomplish your dollar cost averaging approach. Boodle has reason to believe, based on our research that by 2024 the Market as measured by the S&P 500 will challenge the upper 4000's which could mean a 20% or better gain in the portion of your portfolio that closely tracks the index. When boodle is positive, or sometimes negative on the market, always keep in mind that scenarios can take time to unfold and that is the reason we apply discipline to how we view this important information. Feel free to contact boodle if you have any questions (visit our Contact Us page), and if you'd like to become a boodle client, phone us at 815-793-6059. We are thankful to you for supporting us and helping to spread the word about our company. We will see you back here in April for all things financial. Thank you and enjoy your day!