We push into the new year having survived a brutal year where both stocks and bonds fell sharply into bear territory. For the year, the S&P 500 was down 19.4% (more than 20% below its record high), the Russell 2000 was down 21.56%, and the tech-heavy Nasdaq was down 33.1%. Of the major indexes, the Dow fared the best, down only about 8.8%, having less tech and a more value-based list of stocks. The equity market did rally in the early part of the fourth quarter and the S&P, Russell, and Dow were all up for the fourth quarter. Will the momentum continue into 2023? Likely. Will it become a full-fledged Bull? It has the potential. But it’s a question of When? How do we prepare? The always be: Patiently.

View Article
Legal Stuff

The information contained herein is intended to be used for educational purposes only and is not exhaustive. Diversification and/or any strategy that may be discussed does not guarantee against investment losses but are intended to help manage risk and return. If applicable, historical discussions and/or opinions are not predictive of future events. The content is presented in good faith and has been drawn from sources believed to be reliable. The content is not intended to be legal, tax or financial advice. Please consult a legal, tax or financial professional for information specific to your individual situation. Material provided by Concenture Wealth Management.