2 Big Stock Market Predictions for 2023
2022 was the worst year for the stock market since the financial crisis, fueled by a combination of rising interest rates, economic worries, war in Ukraine, inflation, and other factors. As of Dec. 20, the S&P 500 was down by more than 19% for the year.
However, with the year coming to a close, what should we expect for next year? While nobody has a crystal ball, here are a couple of my predictions for the stock market in 2023 and why I believe each one is likely.
My bold prediction is that the stock market will rebound sharply in 2023, with a 20% gain (or more) in the S&P 500 benchmark index.
Source Fool.com
