New year, new opportunities
2024 might be a crucial transition year back to normal, setting the foundation for more sustainable economic growth and steadier market returns. Photo: Shutterstock.com
After the V-shaped recovery of the pandemic and an unusual down year for both stocks and bonds in 2022, Wall Street was decidedly bearish going into 2023. Both policymakers and investors struggled to pinpoint the stage in the economic cycle, given distortions driven by pandemic policy responses. Violent interest rate swings were possibly the only...