From A.I. to inflation, 11 business charts that explain 2023
From A.I. to inflation, 11 business charts that explain 2023 - The New York Times (nytimes.com)
It has been a confusing year for the economy and markets. At the start of 2023, economists largely predicted a global recession, and Wall Street was bearish on stocks, with many analysts expecting the S&P 500 to finish the year just a touch higher than where it started. Fast-forward 12 months: No recession (yet) and the S&P 500 is tantalizingly close to a record high.
Here are 11 charts that help explain how we got here.