VRA Letter: We've Entered One of the Strongest Periods of the Year. Core Strengths of the US Economy. Top Follows: Detrick, Rich, TrendSpider. Gold to $3000.
 
October 25, 2023

Good Wednesday morning. This morning we’ll take a look at some of our top investment strategists and their calls of the last 24 hours. We write often about the work of our favorites Ed Hyman and Rich Ross (Evercore), Helene Meisler and Ed Yardeni. Below we’re including new research from Ryan Detrick, Bryan Rich and TrendSpider.

First, we’re now in one of the most seasonally bullish periods of the year. This year we have the advantage of strong Q3 earnings, along with the fact that Q3 will mark an all time high in corporate earnings. At the same time, this week we’ll learn that Q3 GDP growth should come in better than 4%.

If you’re online or watch TV much, you’re likely hearing little of this. Instead, permabears are around every corner, telling us how horrible the economy is and that the next ...