For the first email this year I’d like to start by wishing you a Happy New Year!
We frequently get the question about what we think the stock market is going to do this coming year. The S&P started 2022 at 4,677 and ended at 3,839, down around 18%. No one knows how the market will perform… but let’s see how the “experts” did last year! Here are the predictions from 14 leading financial firms for 2022!
No one was even close! One thing is for sure, once the market has hit bottom, the next few years usually see nice returns. So stay invested, stay diversified and as always, feel free to call with any questions!
Hope you have a healthy and happy 2023!
Mike