U.S. economic growth rose 2.9% in Q4 2022, down 0.3% from the prior quarter but stronger than forecasts. Markets rallied on the news, as some investors saw cooler-but-growing GDP as proof that a soft landing may be possible. Andreas Steno Larsen joins Maggie Lake to explore some mysterious data contradictions now popping up — and why a recession may have started many months ago. Then, Francis Gannon of Royce Investment Partners joins the show to dive into why small-caps may offer equity investors the best value in this market environment.
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Recession: Past, Present, or Future?
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