2022 is over. Take a breath.
Investors have been understandably wanting to ring the bell on the inventory market’s worst 12 months since 2008, with the S&P 500
SPX,
-0.25%
falling 19.4%, the Dow Jones Industrial Average
DJIA,
-0.22%
dropping 8.8% and the Nasdaq Composite
COMP,
-0.11%
shedding 33.1%.
Adding to the ache, the bond market was additionally a catastrophe, with some segments seeing their greatest annual losses in historical past whereas U.S. Treasury costs slumped, sending yields hovering.
That provided a uncommon double whammy for buyers, who normally see portfolios cushioned by bonds when equities undergo.
So now what? The flip of the calendar doesn’t make the components that drove market losses in 2022 go away, however it provides buyers a possibility to consider how the financial system and the markets will evolve within the 12 months forward.
A fee shock because the Federal Reserve ratcheted up rates of interest at a…
2022-12-31 10:15:00 Stocks obtained wrecked by fee shock in 2022. Here’s what is going to drive market in 2023.
Original from www.marketwatch.com