The financial markets, which ended mostly higher in 2023, saw an acceleration in momentum toward the year-end and the strength has continued in the new year. With thestock market trading at record highs, here’s a look at how the returns compare to other high-flying assets. Rate Cut Hopes, Slowing Inflation Drive Gains: After inflation and successive rate hikes spooked investors in 2022, they came back with a vengeance in the very next year. The return of risk appetite was orchestrated by consumer price inflation, which fell back from a cycle high of 9.1% in August 2022. Corporate profit growth…
