Finance & economics | Surprise, surprise, surprise, surprise, surprise

The five biggest market surprises of 2023

Shareholders have had a remarkably good year. Forecasters have had a terrible one

Traders work on the floor of the New York Stock Exchange in New York City.
Photograph: Getty Images

Financial markets will always produce surprises. After all, by the time a consensus has formed, people will have bought or sold accordingly. The move has already happened; the future has something else in store.

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