Just a quick note … I ran the the annual 2023 Synthetic Systems update this morning and posted it to the Market Analysis page. I hope to follow up in the next few days with in depth commentary. Meanwhile, may you enjoy a healthful and prosperous 2023.
Happy New Year!
1. i’m assuming the year labels on the annual chart of ss22 are in error.
2. the most striking difference between ss22 [with corrected labels] and actual performance is the 2022 sell-off in bonds. any thoughts about that?
Thanks JK. Not quite as bad as that … rather the whole chart was wrong. A 2016 chart was inserted under the 2022 caption. The plots relative to the X axis labels were correct … for 2016;-) The correct chart should now be in place.
The next post comments in greater detail on the substance of the forecasts, particularly where the SS forecast fell short of anticipating actual market performance.