Last year investing seemed easy. Not anymore

wsj 4 min read . Updated: 08 Jan 2023, 05:29 PM IST James Mackintosh, The Wall Street Journal
Stocks started 2022 overvalued thanks to the overconfidence of the bulls, providing the simplest of signals to the bearsPremium
Stocks started 2022 overvalued thanks to the overconfidence of the bulls, providing the simplest of signals to the bears

All of the simple signals have disappeared

Sometimes investing seems easy. Not the business of actually making money—that is always hard. But there are times when the market makes it easy to have a strong view and decide where to put money.

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