📊 2023 Wall Street Forecasts

Markets

Jobs data, Fed minutes, and a fresh start for investors: What to know this week (6 minute read)The December jobs report and details from the Federal Reserve’s last policy meeting of 2022 will headline a short opening week of 2023 for investors as Wall Street limps into a new year after its worst run since the Global Financial Crisis. U.S. stock and bond markets will be closed on Monday, January 2, in observance of New Year’s Day.

Visualizing Every Country's Share Of The Global Economy (3 minute read)As 2022 comes to a close we can recap many historic milestones of the year, like the Earth’s population hitting 8 billion and the global economy surpassing $100 trillion. In this chart, Visual Capitalist's Avery Koop visualizes the world’s GDP using data from the IMF, showcasing the biggest economies and the share of global economic activity that they make up.

2023 Wall Street Forecasts For The S&P 500 (10 minute read)Below are the newest 2023 Wall Street S&P 500 forecasts. The S&P 500 price targets range from 3,675 to 4,500. The key risks to the S&P 500’s performance include earnings cuts and valuation compression. If these two things were to happen, the S&P 500 could easily decline by 10% or more from current levels. The S&P 500 could also see greater-than-expected earnings cuts and a valuation increase. This would occur if the market looks beyond the earnings cuts and expects better times ahead. The Fed could also pivot sooner-than-expected, thereby reigniting the bull market.

U.S. Farmland Escapes Real Estate Slump as Prices Soar to Record (3 minute read)Farmland prices in the Midwest, the nation’s breadbasket, jumped 20 percent just in the third quarter from a year earlier—bucking a downturn in the residential real estate market, according to data from the Federal Reserve Bank of Chicago and the National Association of Realtors. That was the 11th consecutive quarter of gains, the longest streak since 2014.

Investing

9 Things That Surprised Me in 2022 (7 minute read)Early on in my investing career my boss gave me a good piece of advice I still think about to this day. He said something along the lines of, “It’s OK to be surprised. The world is a surprising place. Just don’t be surprised that you’re surprised about what happens in the markets.” 2022 was a good litmus test for this idea. Here are some things that surprised me this year.

3 Dividend Kings to Buy for 2023 (4 minute read) Top dividend stocks have risen to the occasion during the market downturn and provided investors superior returns while padding their investment accounts with some extra cash. Three great examples are PepsiCo, Colgate-Palmolive, and Procter & Gamble. All have significantly outperformed the S&P 500 index. These companies have solid financials, earn regular sales at grocery stores, and have at least a 50-year streak of growing dividends to shareholders -- earning them the coveted label of Dividend King.

Here's how portfolio managers are preparing for the new year (4 minute read) The new year has just passed and many portfolio managers are preparing their investments to withstand any surprises that could head their way in 2023. This past year, investors have had to navigate a number of variables like a rising rate environment, volatile swings in commodity prices and the growing risk of a recession, to name a few.

Money

All the Money Mistakes I’ve Made (and How It Cost Me an Even Earlier Retirement) (10 minute read)Writing this article was difficult. Tallying up one’s financial mistakes and putting them in front of a savvy investing crowd like White Coat Investor readers with my real name attached . . . just begs for some serious criticism. But I said I would write it, and here it is. Some mistakes are clearly mistakes. Others seem so in hindsight. And some are highly subjective.

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