The highs (and lows) of the year in markets: The wild 2023 that was
CNN
We’ve made it to the final Before the Bell of 2023 and what a difference these last 12 months have made.
A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign up right here. You can listen to an audio version of the newsletter by clicking the same link. We’ve made it to the final Before the Bell of 2023 and what a difference these last 12 months have made. I wrote during the first week of trading in 2023: “We’re in the salad days of the New Year — that period where many feel refreshed and motivated and perhaps even optimistic about the year to come. There’s a certain clarity that comes during this time in January.” “That said, the big question weighing on everyone’s mind is whether or not the United States will enter a recession this year.” Well, reader, it didn’t. Inflation has eased, the Federal Reserve has indicated that a pivot towards rate cuts is imminent, economic data remains strong and the labor market is resilient. Stocks, meanwhile, have reached record highs.
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