As I write this, stocks are in the process of giving back some of their “New Year’s bounce”—and I’m hearing from folks who are worried that 2023 will be another 2022. I get it—it’s only natural to feel that way after the S&P 500 fell some 20% in a year. And those who limited themselves to the tech-focused NASDAQ took it particularly hard—off some 30%+ in ’22. But just because the market is off to an uncertain start does not mean we’re headed for another mess like last year. In fact, the odds of that are very low. For one, it’s rare to get two bad years in a row.… Read more