VIDEO: Macro Minute: Given first half 2023 gains >10%, history suggests second half gains ~12% = S&P 500 >4,700 by YE. This may be due to the "Nutty Professor" effect and evident in FAANG stocks.

We discuss how markets are likely to produce strong gains in second half. We also believe this reflects strengthened corporate resilience.

Please click below to view today’s Macro Minute (duration: 4:18).

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