The year 2022 will be remembered by investors as a very difficult year as almost all financial assets struggled. Stocks struggled, bonds struggled, housing struggled and cryptos got hammered as the Fed tried to reel in inflation by raising the fed funds rate 7 times.
With growing calls for the U.S. economy to enter a recession, there is a very wide range of predictions as to where markets might ultimately end 2023. Some suggest flat, some suggest down and some suggest markets rising.
So, in the spirit of making predictions that will actually come true, here are the Top 5 for 2023 – delivered in order of certainty. In other words, Prediction #5 is pretty-darn-certain to happen while Prediction #1 is absolutely guaranteed.
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