"2023: The Year Wall Street Gurus' Grim Predictions Fell Flat"

After a dismal performance in 2022, financial markets experienced a significant rebound in 2023. The S&P 500, Nasdaq 100, and various other indices, including international stocks, posted strong gains. Bonds also recovered, with the 10-year Treasury bond yielding a near 4% return. Factors contributing to the positive year included no recession, a drop in inflation, stable unemployment rates, and lower gas prices. The article suggests that historically, bad years like 2022 often present opportunities for long-term investors, and 2023's recovery seems to have proven this point. Looking ahead, the author plans to explore the historical trends following good financial years to speculate on what 2024 might hold.