Investors won't see big returns on stocks 2023 if a Santa rally doesn't happen before the new year.

Dec 21 2022 by Business Insider

 

Hi friends. I'm senior reporter Phil Rosen, writing to you from Los Angeles.

If you didn't see, Elon Musk last night said he would step down as CEO of Twitter once he finds someone "foolish" enough to take the job. 

So... any takers? 

Anyway — Christmas is four days away but Santa's nowhere in sight. The S&P 500 is down about 19% on the year, and those losses could spill over into the new year if stocks don't see the usual holiday rally.

This means that any equity returns next year will be...

Continue Reading Investors won't see big returns on stocks 2023 if a Santa rally doesn't happen before the new year.