Stocks Defy Recession Predictions with 25% Rally Fueled by Tech Giants
- Experts predicted recession in 2023, but stock market rallied nearly 25% instead
- Consumers proved resilient due to low rates, government stimulus
- Stock gains powered by 7 tech giants dubbed the "magnificent seven"
- Critics warn these 7 stocks are overvalued like 1990s dot-com bubble
- Analysts predict double-digit earnings growth in 2023, Fed rate cuts by 2024