Late 2023 optimism around an immediate Fed pivot was tempered in the new year as pockets of stickier inflation and a robust economy led the

How did so many forecasters economists and investors get the 2023 recession forecast so wrong Several factors contributed to surprising growth Consumers continued to spend

Despite crosscurrents in the US economy 2023 was a year marked by stubborn resilience a strong consumer willing to spend on the back of real

Stocks started off the third quarter on a positive note as inflation in the US continued to decelerate and underlying indicators of economic growth held

With both the banking and debt ceiling crises averted and encouraging economic data suggesting a strong US economy stocks experienced strong growth over the second

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The recession fears that gripped investors for much of 2022 seemed to recede and although that risk remains on the horizon short term optimism has

We enter 2023 reeling from the worst investment conditions in generations which were precipitated by the high cost of three wars the Russian invasion of

Like most investors we were relieved to see 2022 end on a positive note After two consecutive quarters of negative real US GDP growth the