The highs (and lows) of the year in markets: The wild 2023 that was

A version of this story first appeared in a business newsletter. It reflects on the events of the past year, highlighting the avoidance of a recession in the United States and positive economic indicators such as easing inflation, potential rate cuts by the Federal Reserve, strong economic data, resilient job market, and record-high stock prices. The article also recaps various events that impacted the stock market throughout the year. Additionally, it mentions the continuous decline in US mortgage rates and an inheritance dispute involving a member of a wealthy family and a former gardener.