Our Surprisingly Great Year
Slate Money
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The Performance of the S&P 500 and Big Tech in 2023
This chapter discusses the positive performance of the S&P 500 in the past year, with a 24% increase, and the rise of the 'Magnificent Seven' big tech stocks, which saw a 75% increase in 2023. The chapter also touches on the previous year's decline in 2022 and the rebound in 2023, as well as the overall strength of the economy and low unemployment rates. Larry Summers is mentioned as being proven wrong about his predictions.
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