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How the 2023 ‘everything rally’ is unwinding in the new year

Por: MarketWatch Business January 06, 2024

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Popular trades from the fourth quarter of 2023, like long U.S. stocks, simply might have moved too far, too fast. And with many investors waiting until after the new year to take gains for tax purposes, the selloff in stocks doesn’t seem as surprising. “I wouldn’t read too much into the first couple of days of weakness. Rallies like the one we had in the last two months of the year don’t come around very often, but unfortunately they... + full article



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