’Bummy landing’ for the economy

No economist or market watcher has a crystal ball. So, when making predictions for the coming year, many take a conservative stance, cautiously making their bull or bear case.

However, over the past two years, investors have remained unsettled. In 2022, investors sold stocks as the Federal Reserve introduced an unprecedented rate hike in an attempt to control sky-high inflation, resulting in an 18% decline in the S&P 500 index.

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