“Past Performance is No Guarantee of Future Results”
We’re flipping a common client disclosure quote on its head as we look at what we may expect from the markets in 2023. This common client disclosure is typically meant as a warning that positive results are not always sustainable, but what if we look at it from a different angle? Just because 2022 was a bad year for the markets, it doesn’t necessarily mean the same will happen in 2023. So, let’s talk through what we might expect from a typical 60/40 “center of gravity” portfolio this year. This common type of diversification is meant to provide long-term […]