Investment Commentary

The Market in Five Charts: February 2023

The Market's Technical Picture Has Improved

February 6, 2023 - Chief Global Strategist Rick Pitcairn says there was a “good rally to start the year.” But while the technical picture has improved, it “has some holes in it,” he says. In this month’s Market in Five Charts, Pitcairn says earnings estimates are slowing down and that clear recession signs still exist. 




About Pitcairn

Pitcairn is a true family office and leader in helping families navigate the challenges and opportunities created by the interplay of family and financial dynamics. Through Wealth Momentum®, an experience-based family office model, Pitcairn helps families achieve a more effective and complete experience. Since its inception, Pitcairn has partnered with some of the world’s wealthiest families to meet their needs and drive better outcomes – year to year, decade to decade, generation to generation. Today, Pitcairn is recognized as an innovator, guiding families through generational transitions and redefining the industry standard for family offices. The firm is located in Philadelphia, with offices in New York and Washington, DC and a network of resources around the world.