Bitter Bears Look To 2024 After Frustrating Year

There's still a week left, but we can confidently speak about 2023 in the past tense. It was a good year for assets. There's more than a little bitterness about that. For some, equities' stupendous performance was a travesty of sorts. An affront to the US recession that wasn't. And the absence of a downturn was itself a slight: "I was told there would be a recession." If you notice, the mea culpas sound suspiciously like sarcastic excuses: "We failed to anticipate the potential for a viral ch