#79 - US Economy Ends Well, Now On To 2024

Our expectations of a stock market yearend rally were modest due to waning retail sales and consumer confidence reported in October.  As it turned out, the yearend rally exceeded our and most expectations as institutional investors added stocks to their portfolios that rallied the S&P 500 by 17% and NASDAQ by 23% since the October 27 bottom.  Read in this Weekly Brief our analysis of the year and potential new buying opportunities in 2024.