Summary
2022 was an awful year for the stock market, with the S&P 500 down 19.5 and the Nasdaq even 33%. Many expect 2023 to be a bad year as well.
Data from the past suggest that there are good reasons to believe 2023 may be a good year for the market.
Inflation and the earnings contractions may seem bearish but they might be very bullish.
The key mechanis…