Ken Fisher Got Another Call Right

As the bullish U.S. stock market of 2023–surprising to most of us–continues through mid-July, it’s appropriate to express kudos (so far!) to those who went against the grain and have made investors money. One is a prominent and controversial figure in financial circles, Ken Fisher. I knew Ken from his many years as a columnist at Forbes Magazine, where he was pushed out by a new guard at the end of 2016. He got further ostracized after some crude and sexist jokes in public a few years back, but has kept a following. And of course, the firm he founded and led for many years, Fisher Investments, remains a ubiquitous marketer in the money-management sector. Ken patterns his market commentaries on both economic data and political history, and has generally been bullish for the past generation. That, of course, has been the right call, as his was at the outset of 2023 in this video below (loaded at YouTube 1/20/23: https://www.youtube.com/watch?v=bv5wiOOtbdk). He has stayed “contrarian” since while many feared a Fed-borne recession. You can’t argue with the results to date.