From gloom to glory: How the market’s giant wheel turned in 2023

In 2023, US did not fall into a recession. The Federal Reserve hiked rates by a further 1 percentage point, sparking a phenomenal surge in the equity markets that left many financial pundits scratching their heads in disbelief. Plus, the Chinese market continued to plunge. The scorecard? Zero out of 4 to the consensus.

from Moneycontrol Market Outlook https://www.moneycontrol.com/news/market-outlook/from-gloom-to-glory-howmarket’s-giant-wheel-turned2023_17408131.html