The S&P lost $8.5tn in market capitalization in 2022. This is nearly the entire market cap of the S&P 500 in 2011.
In his latest YourWealth podcast with Gemma Dale, Talaria Co-CIO Hugh Selby-Smith discuss this and more stats that matter including a focus on:
- Why our human bias to extrapolate can get us into trouble
- How earnings expectations are diverging from the economic outlook and
- What all this means for investors right now.
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