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The Market in Five Charts: January 2024

What A Difference A Year Makes

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Pitcairn Insights

January 16, 2024

A year ago, the consensus for the market was negative. Most economists and investment managers saw a recession coming. But the market and the overall economy surprised us all, says Chief Global Strategist Rick Pitcairn in this month’s Market in 5 Charts. Indeed, U.S. stocks ended 2023 strongly with December among the top 10 of all months in the last 40 years. “The sentiment and momentum indicators right now are quite strong,” Pitcairn says.

 

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