Unless you’re a short-seller or were heavily invested in energy stocks, there’s a good chance you, along with most of the investment community, took it on the chin in 2022. When the curtain closed, the iconic Dow Jones Industrial Average (^DJI 2.13%), broad-based S&P 500 (^GSPC 2.28%), and growth-focused Nasdaq Composite (^IXIC 2.56%), ended lower by 9%, 19%, and 33%, respectively. It was the worst performance for the three major U.S. stock indexes since 2008.
But a new year brings new hope, new opportunities, and of course, new prognostications. What follows are 12 stock market predictions for 2023 covering everything from the performance of specific high-profile stocks to expectations for the U.S. economy.
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1. We’ll still be in a bear market by year’s end
Let’s start with the most front-and-center question on investors’ minds: What will the broader market do in 2023? Based on what history tells us,…
