I posted this doozy on June 2nd - noting that I would come back to it at the year end because it smelt of horse shit. (If you don’t want to click through - in a nutshell JPMorgan predicting that 2022 was going to be just fine).
Here I am back ….
2022 was the worst year for the S&P 500 since the 2008 financial crisis. While the markets usually finish up, down years can happen. Last year was one of those rare times.
From Visual Capitalist:
Now THAT is a sea of red - and take out Healthcare and Energy and you got nothing.
A few specifics …