January delivered strong returns across the major indexes and reversed many trends that persisted for most of 2022. We believe these stock market gains reflect investor optimism that Fed rate hikes and inflation may have peaked.
Read our January 2023 briefing where KAR CIO Doug Foreman provides an overview of recent market activity and his outlook.
This information is being provided by Kayne Anderson Rudnick Investment Management, LLC (“KAR”) for illustrative purposes only. Information in this article is not intended by KAR to be interpreted as investment advice, a recommendation or solicitation to purchase securities, or a recommendation of a particular course of action and has not been updated since the date listed on the correspondence, and KAR does not undertake to update the information presented. This information is based on KAR’s opinions at the time of publication of this material and are subject to change based on market activity. There is no guarantee that any forecasts made will come to pass. KAR makes no warranty as to the accuracy or reliability of the information contained herein. Past performance is no guarantee of future results.