Annus Horribilis
Submitted by Atlas Indicators Investment Advisors on January 3rd, 2023
Superlatives are easy to use but difficult to defend, so Atlas won’t use one here. We are willing, however, to use a technical phrase when describing 2022: it sucked. Right out of the gate, the market peaked on the first trading day of the year and then trended lower for the remainder. A similar pattern developed in the bond market. Providing the other bookend for