History shows odds favor a 20% stock-market return in 2023 after a crazy 2022
Historical data shows there is a high chance that the U.S. stock market may record a return of 20% or more this year after the three major indexes closed 2022 with their worst annual losses since 2008, according to Fundstrat Global Advisors.
Fundstrat’s head said stock-market investors are more likely to see a year of positive returns than a flat year after stocks performed badly in the previous year.
Here are three possible catalysts that would enable stocks to produce 20% gains in 2023:
* Global ‘disinflation’ underway
* Wage gains are set to slow
* Equity and bond volatility to fall sharply
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