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Alpha That Makes a Difference; 2022 in Review and a 2023 Outlook with Luke Ellis, CEO
Long Story Short
Is the S&P 3,000 a Good Range?
Trying to predict where an equity market will be a year from now is somewhere between incredibly difficult and impossibly hard. I don't think we've seen the lows of this cycle in the S&P. We then saw over a 10-year period no real return to equities on government bonds, but interestingly, a number of 40, 50% rallies on government bonds. It's interesting looking at what happened the last time we had significant 70s or 80s events that are not going to happen again.
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