For investors with a focus on growth stocks, 2022 began full of promise, but inflation and rising interest rates let the air out of that balloon. Shares of the Vanguard Growth ETF have collapsed 34% from their peak in January. 

We don't know when the situation will improve, but there are reasons to expect a bull market in 2023. When stocks fall they tend to fall fast, and the bear market we've been in all year is relatively old already. Moreover, the Federal Reserve's pace of interest rate hikes has already slowed down in response to signs that inflation is beginning to subside.

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Source Fool.com