A Bull Market Is Coming: Here's a Genius Move in 2023
Last year, the S&P 500 produced a negative return of 19%, its worst yearly performance since 2008. A market boosted by loose monetary policy changed direction when the Federal Reserve started tightening it in response to soaring inflation.
After the market has a down year, as it did in 2022, many investors wonder what the new year will bring. It's best to remain optimistic. With this in mind, here's a genius move to make as we look at 2023.
With inflation, as measured by the Consumer Price Index, showing signs of cooling down, many market spectators are wondering when the central bank will pause its rate hikes and even reverse course. The hope is that this will happen sometime in 2023, which would be a boon for stocks.
Source Fool.com
