Performance
As the year came to a close, we thought offering a brief summation of performance metrics might help with perspective.
MS PB Performance estimates:
The market managed to complete the year without having a double-digit drawdown.
Inflation
A potential concern heading into the new year is the delayed impact on the lower-end consumer.
Simplified chart of Main Street vs Wall Street’s perspective on Inflation:
We wonder if the above is exacerbating the below?
Best of luck to all in 2025!
Meraki Trading Team
