For many, the holiday season marks a time for giving thanks. Stock investors in particular may be very thankful this year. The S&P 500 has risen double digits. Inflation has slowed. The Cboe Volatility Index, also known as Wall Street’s “fear gauge” remains low, implying confidence in markets.
However, interest rates and prices remain high, and market conditions are always subject to turn on a dime. Investors know that it is the future, not that past, that matters for their portfolios. For this reason, it’s important to take time to be thankful for resources that we can use in the future as we celebrate the market’s performance in 2023.
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