US stocks set up for good second half of 2023- market expert
STORY: Moraif adds "the economy is slowing down and if the economy is slowing down, the Federal Reserve will not need to raise interest rates to the sky and destroy everything that we know." He says that will bode well for corporate profits and stocks. He also points out that the U.S. economy could experience a recession but isn't that concerned about the impact on stocks.