Will the 2022 bottom appear again in 2023?

Despite major tech companies, such as Google ( $Alphabet-A (GOOGL.US)$ , $Alphabet-C (GOOG.US)$ ), Microsoft ( $Microsoft (MSFT.US)$ ), Amazon ( $Amazon (AMZN.US)$ ) letting go of their employees in 2022 (*1), and Apple ( $Apple (AAPL.US)$ ) cutting contractors to slash costs (*2), the U.S. economy continues to stay very strong, with the January jobs reports showing an increase of 517,000 jobs, beating estimates, and the 53-year low unemployment rate (*3).

#GIFsFromTenorDotCom

Besides the strong U.S. economy data, HDB property resale prices continue to accelerate in January 2023 as million-dollar HDB flats surge by 42% in Singapore (*4), despite the cooling measures announced on 29 September 2022 (*5).

Although the Finimize survey (*6) reveals that retail investors believe the stock market will bottom in 2023, 72% continues to buy individual stocks such as Apple, Microsoft, Google, and Meta ( $Meta Platforms (META.US)$ ).

As whether if investors will see the bottom in 2023, there are 3 things that are confirm plus chop, and they are:

More new jobs opportunities waiting to be filled.
More million-dollar properties waiting to be transacted.
More individual stocks, such as the ones in the Nasdaq index ( $Nasdaq Composite Index (.IXIC.US)$ ) and the S&P500 index ( $S&P 500 Index (.SPX.US)$ ) waiting to be bought.

So, why not Mooers grow the courage (*7) to do the following in 2023:

Take the leap of faith and jump to new job opportunities with higher salary, which is better than let go by employers or replaced by AI such as ChatGPT (*8).
Buy more property or invest in companies that do property such as $CapitaLandInvest (9CI.SG)$ , $CityDev (C09.SG)$ , $Frasers Property (TQ5.SG)$ , $HongkongLand USD (H78.SG)$ , $PropNex (OYY.SG)$ and many others.
Invest in individual stocks, ETFs and funds that you have a deep spiritual connection (*9) with, and buy them using the $Futu Holdings Ltd (FUTU.US)$ platform.

#GIFsFromTenorDotCom

References:

*1: Google, Microsoft, Amazon and other tech companies have laid off more than 70,000 employees in the last year

*2: Apple may be cutting contractors in an effort to slash costs

*3: Jobs report shows increase of 517,000 in January, crushing estimates, as unemployment rate hit 53-year low

*4: HDB resale prices accelerate in Jan as million-dollar deals surge by 42%: SRX, 99.co

*5: How the Recent Property Cooling Measures Will Affect You as a Potential Homeowner

*6: Retail investors say the stock market will bottom in 2023: Finimize survey

*7: The courage to invest in the bear market is the same as the courage to fight for love, freedom, democracy and peace!

*8: Investing in ChatGPT and similar AI technologies

*9: 3..2..1.. Connected!

We have come to the end of today's topic. Remember to show your support by follow, like, share and comment on this post and as always, don't forget to DYODD (Do your own due diligence) when making any kind of investment. Thank you.