The stock market continues to act quite well in January. However, in the end, the fundamentals still matter...and bear markets don't end at expensive levels. Therefore, investors need to be very careful in the weeks and months ahead.
The stock market cannot remain overvalued without artificially low interest rates and artificial liquidity. Thus, a soft landing will not be enough to prevent more weakness in the stock market. (Besides, a soft landing is still quite unlikely.)
I will be presenting at the MoneyShow's Virtual Expo tomorrow (Tuesday, January 17, 2023) at 2:00pm EST. To sign up for this great event and to see the full schedule of impressive speakers, please check the attached link!