January 3, 2023

2022: Year in review

For 2022, the Dow Jones declined -8.8%, the S&P 500 lost -19.4%, and the Nasdaq collapsed by -33.1%! It is essential to say that the annual percentage declines for all three indexes were the biggest since the 2008 financial crisis! Moreover, sanctuary could not be found in bonds. The U.S. Federal Reserve hiked the benchmark…

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