Market update - December 2023
Published
October 2024
December 2023
Join Dr. Steve Garth and our Senior Adviser Robert Chester as they discuss the surprising market dynamics of the last quarter of 2023. Despite a flat year for the Australian share market, a late-year pivot led to a remarkable 12.4% annual return – the best since 2021. The "pivot party" not only boosted all sectors in Australia but also drove impressive performances in Europe and Japan, while rescuing bond markets from a historic third straight year of declines.
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