Following a down year for the stock market, there is no shortage of recession predictions for 2023, especially as the Federal Reserve has signaled it will continue to raise interest rates to fight inflation.
It turns out that value stocks — shares of mature companies that trade relatively cheaply to expected earnings — fared pretty well during 2022:
Stock selections for multiyear commitments: 20 stocks expected by Goldman Sachs to gain the most from Washington’s clean-energy spending Then again, that number was a surprise. The consensus estimate among economists polled by the Wall Street Journal was for 200,000 jobs to be added in December.Rex nutting argues that the Fed has set up a soft landing for the economy, as long as it doesn’t mess it up.
More crypto shoes may drop Following a year of so many failures of companies in the virtual currency space, 2023 has started with more uncertainty, including mass layoffs and consideration of a bankruptcy filing by Genesis Global Trading, according to a Wall Street Journal Report. MarketWatch Editor in Chief Mark DeCambre rounds up this week’s developments in the virtual currency industry in the Distributed Ledger newsletter.
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