Sound Planning Group CEO David Stryzewski says the economy's growing Federal Reserve, bond market and real estate bubbles mark the start of the 'lost decade.'
The S&P 500 fell 9.78 points, or 0.3%, to finish at 3,839.50. The index posted a 5.9% loss for the month of December.
Stryzewski further argued that the Federal Reserve’s actions throughout 2022 also put the economy in a "very, very difficult spot" for recovery. To get out of these bubbles, Stryzewski called for a "number" of policy changes, specifically in the energy andWith 2022 being the worst-performing year for the S&P 500 since 2008, Stryzewski said the economy's at the start of"a lost decade."
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