Marc To Markets

2023 was an interesting year for stocks. Commonly held worries about inflation and a slowing economy were proven incorrect. After 3 quarters of middling returns for stocks and negative returns for bonds, 4th quarter was a period of enormous gains for investors across all asset classes. On this episode I cover 2023 with a focus on 4th quarter and provide the outlook for where go from here.The performance of stock and bonds markets in 4Q 2023 and for the full year;The likely path for the economy and interest rates;A deep dive into the impact of the “magnificent 7” stocks on index performance and how to think about them in 2024;What investors do now, especially as many have accumulated large cash and money market positions;How to think about election years impact on market performance.This episode is a replay of a client webinar from January 2024.  With any questions or comments, or to discuss your own financial situation, I can be reached at marc.penziner@bernstein.com or 212-969-6655.The information presented