3 Reasons 2023 Could Be the Start of a New Bull Market
We're in the closing stretch of 2022, and if you're an investor you're probably saying "good riddance." The S&P 500 is down 16% year to date, on track for its worst performance since 2008, and the broad market index has been in a bear market for nearly six months after peaking in the first week of the year. In fact, only one sector of the 11 in the S&P 500 is positive for the year: energy.
However, there's some good news for investors. While a number of economists are predicting a recession in 2023, next year could also mark the start of a new bull market. Here's why.
Image source: Getty Images.
Source Fool.com