Q4, like much of 2023, defied many expectations. The Federal Reserve's efforts to combat rampant inflation through interest rate hikes have dominated headlines with predictions of a potential recession in the U.S. economy. However, the economy exhibited remarkable resilience, and as inflation gradually subsided, the Fed not only refrained from further tightening but began hinting at dropping rates soon. This unexpected turn of events led to a massive rally in U.S. stocks in Q4, with the total market index Russell 3000 up 12.07% in the quarter.
Holiday Checklist for the Financially Saavy
Two Answers for Students of the Market
Have you heard the saying about the difference between life and school? In life, we frequently take the test before learning the lesson. The upside is that often that knowledge we come by honestly is the most enduring, except perhaps in the world of investing. Sounds crazy? Well, you know what they say about repeating the same thing and expecting a different result? Here are a couple of answers to the next test to help you be more successful.