Good morning! And thank you for reading us on what is typically a sleepy week for Wall Street. This is Jeffrey Cane, filling in for Dan DeFrancesco today.
Investors both big and small are closing the books on 2022, and to state the glaringly obvious, it wasn't a good year for many of them. Take just one market benchmark, the S&P 500, which is heading for its worst annual performance since the global financial crisis year of 2008.
To be sure, some big investors like macro hedge funds have...