Q4 2023 Review | Market Update
We hope you and your family had a joyful holiday season! As we reflect on the stock market in 2023, it's clear how disconnected it can be from our perceptions of the economy.
Despite concerns like inflation, unaffordable housing, decreasing savings, and political divisiveness, the market had a great year. It's a reminder that market timing often fails, and predictions on TV can be wide of the mark. Amidst uncertainties, good companies adapt, finding ways to thrive.
Our portfolios, with conservative money earning 5% plus, offer a strategic position. Looking ahead to 2024, with a Presidential election on the horizon, we anticipate another unpredictable year. Historically, election years tend to be strong, as indicated on the chart below. It's normal for the first couple of months to be volatile.
