Dow Jones & Company: Here’s how 10 of Wall Street’s predictions for 2023 panned out
From Dow Jones & Company:
Investors are sharing predictions for the upcoming year, including an anticipated souring for Apple and rising oil prices. Investors should be cautious as not all predictions come to fruition. Also, holiday worries may soon be over, but the problem of taxes is still prevalent for small business owners. Others are seeking advice on timing federal tax credit from the Tax Guy column. The stock-market rally in 2023 was driven by seven stocks, accounting for 28% of the S&P 500 ETF Trust returns. Investors who want to look beyond these are also highlighting their top stock picks for 2024 in the highly rated investing newsletters. Additionally, there has been a surge in the space stocks industry which could be profitable for investors. And, financial columnist Quentin Fottrell is sharing his advice on sensitive and personal financial matters. Rounding up there are concerns about the overvaluation of housing in the U.S. and challenges related to home ownership following separations or divorces, and recent news about major mergers and acquisitions. Finally, lifestyle columnist Charles Passy suggests 12 boozy bottles as thoughtful gifts for the holiday season.
Original: Here’s how 10 of Wall Street’s predictions for 2023 panned out