Stock markets started January 2023 on a strong footing with gains across global equities. What exactly happened? China’s re-opening after abandoning the Zero-Covid policy in late December helped propel the advancement. Signs that inflation is easing from its autumn highs in several major regions also supported sentiment, even though central banks may be close to the peak of their rate hiking cycle. Emerging markets outperformed their developed counterparts. In fixed income markets, bond yields fell (meaning price rose). While the return on commodities was also negative for the month. 3 things which an expert has observed could have sparked Mr Market’s move during January. 1. Money are rotating to the previously unfavorable stocks The S&P 500’s worst-performing sector in 2022 has led a rally in 2023 as investors bet on an early rebound in U.S equities. Guess which sector is the worst-performing sector? The S&P 500 communication services sector, which fell by more than 40.4% in...