By Eric Parnell, CFA on May 24, 2023June 9, 2023 Great Valley Advisor Group is excited to present the first episode of our new video series featuring Chief Market Strategist, Eric Parnell, CFA. At under 3-minutes each, these bi-weekly videos are meant to provide concise observations on relevant economic indicators to strengthen your knowledge and understanding of current market trends. In our first episode Eric addresses the negative news swirling around the markets lately, such as the pending recession, the banking crisis, and the debt ceiling debate. Investors are understandably nervous about getting blindsided by a sudden downside move in the stock market. Fortunately, the market has a variety of indicators that we can monitor to determine whether a major stock market plunge is lurking around the corner. Citing the CBOE Volatility Index (the VIX), CCC spreads, and cryptocurrency we invite you to watch Eric explain reasons why he believes the speculative mood of the markets remains sufficiently strong suggesting that any sudden and sustained downside move in stocks is not likely imminent. The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual. All performance referenced is historical and is no guarantee of future results. All indices are unmanaged and may not be invested into directly. Economic forecasts set forth may not develop as predicted.