Hindsight Is 20/23: A Comprehensive Stock Market Retrospective

The U.S. equities market in 2023 was no short of a rollercoaster ride. We saw major indices, including the S&P 500 and Nasdaq , bounce back remarkably in January after the major market sell-off that ended in 2022. From there, macroeconomics played a critical role in inciting stock market volatility. For a moment, it seemed that inflation would remain sticky and persist in particular facets of the U.S. economy, especially in the labor market. Equities, backed by strong earnings and a new fascination for everything related to AI, largely kept advancing. Despite a significant sell-off from August to October, the S&P 500 and Nasdaq…