2023: The Year of Market Uncertainty?

The planet Saturn returns to the same position relative to Earth every 30 years, and it is believed that similar outcomes can be expected as seen in 1993 or 1963. These events may include an abundance of innovation, volatile markets, and instances of death and destruction. This is my first time tracing this phenomenon, and I am eager to see the outcome.

Currently, in USA, we are experiencing various financial conditions, such as high inflation and low employment rates. Need to final outcome.

In 1993, the global financial markets had a positive performance overall. The Dow Jones Industrial Average (DJIA) had a total return of 8.25% for the year, while the S&P 500 had a total return of 4.46%. The NASDAQ also had a positive performance, with a total return of 7.62%. The yield on the 10-year Treasury note also fell during this period, which generally indicates a strong bond market.

In terms of international markets, the Nikkei 225 in Japan had a total return of -0.31%, while the FTSE 100 in the United Kingdom had a total return of 3.57%. The DAX in Germany had a total return of 9.58%.

The U.S. economy continued to expand during this period, with the Gross Domestic Product (GDP) growing by 2.9% in 1993, and the unemployment rate falling to 6.9%. The inflation rate was also relatively low, at 3.0%.

It was worth mentioning that the interest rates were relatively high at that time, with the Federal funds rate at 3.25% by the end of 1993.

Overall, the financial markets in 1993 were characterized by steady growth, low inflation, and a strong bond market.