We are likely still in a long term bear market trend. However, 2023 is probably a year of sideway stock markets, with the current market level somewhat in the lower middle of range.
One possible path is a drop from early February, a strong rally in the spring followed by a big drop, especially for tech stocks, and then a bounce. Stock indexes could have a positive return this year, especially the Chinese markets, depending on the timing of the sideway markets. Commodities and value stocks should relatively outperform again.
