Wall Street has all the time been a roller coaster — however the ups and downs have all change into supersized, leaving fashion to barrel into 2023 with greater than slightly stock market whiplash.
Investors are ceaselessly gauging the prospects of all the pieces, taking within the economy, the buyer, latest products, strategy and performance and boiling it all the way down to a single data point — the all-important stock price.
And while ups and downs are expected as individual firms and sectors surge ahead or because the economy cools, something more is occurring.
The investment crowd fundamentally reset expectations for the buyer sector in 2022 as e-commerce growth slowed, inflation and rates of interest skyrocketed and recession loomed. Last yr also...
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