What a year 2022 has been for every market. Inflation and interest rates have caused havoc on stocks, bonds, real estate, and much more.
So what is the market going to do in 2023?
In this episode, we review 2022. What predictions did the “smartest people in the room” have going into 2022? And what happened to those predictions?
We then discuss the predictions going into 2023, including our own. Will the bear market continue? What will interest rates and inflation do? Then, with that as a backdrop, we discuss how Iron Gate is going to manage money in 2023.
Finally, we end the podcast with a game for clients of Iron Gate. We want YOU to forecast the December 31, 2023 closing price of the S&P 500. The winner, closest to the December 31st close, will receive a $500 Amazon gift card.
As of this podcast, December 21st, the S&P 500 was trading at 3904.
Here’s to wise investing,
Brett Pattison & Brian Hunsaker