The Stock Market Bottom Could Already Be In. Don't Miss the Recovery.

Just a few weeks ago, stocks looked like they were headed for another bottom.  In fact, the Nasdaq Composite posted its lowest close of the year on Dec. 28, 2022, after

the stock market drifted downward following the Federal Reserve's forecast to raise the federal funds rate by another 75 basis points in 2023. Fed Chair Jerome Powell stood by

earlier comments that the central bank was determined to bring down inflation to its 2% target even if it meant some pain in the job market and the economy. However,

investors seem to be singing a different tune in 2023, and stocks are off to a solid start to begin the year. So far, the stock market has been helped by a solid

December jobs report that showed continued employment growth, but wage growth is slowing, which seems to be what the Federal Reserve wants. Investors also cheered after the

December Consumer Price Index confirmed that inflation had continued to decline, in line with expectations. Month over month, prices actually fell by 0.1% in December thanks to a

decline in gasoline prices, and the year-over-year inflation rate of 6.5% was the slowest in the economy since Oct. 2021. Every investor would like to know if the market

bottom is already in. There's no way to know for sure, and conditions can change at any time, but there are a number of signs showing that the worst of the market pullback could

be behind us.