U.S. stock markets are in a precarious situation. Although growth stocks have been in rebound mode this year after a sharp downturn in 2022, a possible economic recession, the ongoing crisis of confidence among regional banks, and the central bank's decision to continue ratcheting up interest rates could cause a reversal at some point in 2023.

On the flip side, there is fairly good a chance that growth stocks will simply brush off these headwinds to push even higher as the year unfolds. The steady drumbeat of negative headlines, after all, has yet to halt -- or even slow -- the broad-based rally in this group of equities so far this year. 

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Source Fool.com