I hope those who attempted to market time, or fled to the safety of bonds weren’t hurt too bad.
Stocks for the long run – and minimize the “skim” of fees, commissions, trading costs and TAXES.
{{ The S&P 500 finished the year up 24%, just 0.6% from its January 2022 record. The Dow Jones Industrial Average advanced 14% to top 37000 for the first time and set seven record closes in the final days of 2023. A mania surrounding artificial intelligence and big technology stocks sent the Nasdaq Composite soaring 43%, its best year since 2020.
It is a far cry from the doom and gloom many were bracing for at the start of 2023.
A year ago, everyone from the strategists at Wall Street banks to rap artist Cardi B was calling for a recession. Instead, inflation continued falling, consumers kept spending and the unemployment rate fell to 3.4%, the lowest level since 1969. }}
intercst