The US stock market begins the new year deeply entrenched in a bear market, with the most recent period being marked by indecision. The consensus view sees high inflation as the culprit that leads central banks to tighten financial conditions so far as to plunge the global economy into a widespread recession in 2023. But recently the details have become more and more sketchy.
How will inflation progress from here ?
Is a recession imminent or is it being pushed back by a resilient economy?
How will the FED react to all this?
All in all, it is a great time to wait patiently and trust a systematic investment strategy that has done an excellent job to navigate the difficult waters of 2022 by avoiding a majority of the stock market’s decline. No matter what happens from here on out – we will be fine!