Dave
Member
"It's tough to make predictions, especially about the future." Yogi Berra
Posts: 4,335
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Post by Dave on Dec 30, 2022 1:15:00 GMT -8
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Dave
Member
"It's tough to make predictions, especially about the future." Yogi Berra
Posts: 4,335
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Post by Dave on Dec 30, 2022 1:26:24 GMT -8
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Post by duckpins on Dec 30, 2022 11:17:49 GMT -8
Happy New Year to all. Will we have a clear bottom in January and an up year? I don't think the indexes go down 2 years in a row to often. Can't believe the Nasdaq will dive another 30%.
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Post by socal Film Composer on Dec 30, 2022 13:45:24 GMT -8
don't think so - this was a much needed correction after a post pandemic euphoria bull / run - I think most growth stocks (all subjects of tax loss selling) will get a bid in 2023 - also as we reach the end of the fed cycle of tightening things will impove and markets look forward - so my WAG is that by mid-year markets are already anticipating a more accommodating Fed. and we'll be back to more of a sane baseline - also - it's not too hard to finish 2023 positive from this lower level (easy compare)
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