Stock markets raced across the finishing line in December, with the US stock market putting in its best performance since the heady internet boom at the turn of the century. South African stocks managed to put in positive, but more muted, performances.
2023 is set to be remembered as the year when most market and economic predictions proved to be wrong. Recession didn’t set in, the interest rate pivot never happened, and equities didn’t tank as expected.
But what can we expect from 2024?