From a macro perspective, 2022 didn’t provide buyers significantly to clink champagne glasses about. The past many months have served up inflation and layoffs—plus a economic downturn seems to be on the horizon for 2023.
Traders have been hoping for a Santa Claus rally—when stocks increase in the previous 5 trading days of the 12 months and the 1st two of the new year—but the market place has largely limped alongside as an alternative.
