S&P 500 Falls For 3rd Straight Week
Dec 23, 2022
• 4
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“The most important quality for an investor is temperament, not intellect. You need a temperament that neither derives great pleasure from being with the crowd or against the crowd.” – Warren Buffett
Good evening:
Markets closed down for the third consecutive week. But our Mark Newton, Head of Technical Strategy, noted the pattern of the market hasn’t been all that bullish or bearish. Instead, we’ve been quite range-bound. Across our firm, we expect this continued volatility into year-end. Defensive groups (Utilities, Energy, Financials) continued to outperform this week...