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© Copyright 2023 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed without permission.Pain, few gains for investors as markets slumped in 2022
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JeffLee
Crypto was supposed to come to the rescue in such a scenario. That don't quite pan out, did it.
TokyoOldMan
Crypto is has always has been akin to a rush on "Fools Gold".
2023 will be tough, especially as the current inflationary environment becomes further entrenched within Societies causing further unrest.
geronimo2006
stocks .ay be
geronimo2006
Stocks may be the first to recovet if profits hold up IMO
Hervé L'Eisa
Worst year since 2008. Thanks, Joe.
Blacklabel
Was a good year to play the ups and downs time to time but that’s about it due to the poor economic policies.
fxgai
All that “stimulus” spending globally was such a great success huh.
Still, in 5-10 years I believe stocks will reach new highs, so even if there is some short term pain in the beginning of the year, I want to look past it and to what lies beyond.
No doubt everyone is thinking that though, and it won’t be easy as more people start getting laid off during the recession.
Good luck to all!
Blacklabel
Definitely. Buy now to be rich in mid 2025.
JeffLee
Nothing has collapsed, as in 2008, when the entire us financial system was on the verge of implosion, not to mention GM and many others. Structural meltdowns, massive joblessness, recession, etc have been avoided, unlike before. Indeed the recent pre-emptive stimulus is the result of lessons learnt in 2008.
fxgai
Ever see a stimulus you didn’t like?