I’m sorry, I just had to use the above stock photo for this blog. January is officially over. Blink and you would have missed it, but since the start of the year, stock markets have generally grown in value buoyed up by mostly better news. 2022 was the worst year ever for our managed portfolio returns and I have to admit I was glad to see the back of the year. Central banks sucking money back out of the system, supply chain issues caused by the CCP’s zero Covid policy and the war in Ukraine all arrived as a triple whammy.
So what has been on my mind since my last blog just before the Christmas break? Here goes in chronological order.
Continue reading “The Rocky Road to Recovery”