01 January 2024

The Reality of the NASDAQ in these 2020s (so far)

The market volatility of the last few years has obscured a simple fact: at the end of 2023 the NASDAQ closed only 3% higher than it closed in 2020. 

That's the return on a savings account but with more twists, turns and narrative possibilities. A rise of 21% in 2021, a fall of 33% in 2022, and a rise of 27% in 2023 made it sound like more was happening than really was.

The NASDAQ: we're not here for the returns. We're here for the excitement.

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