Read our fourth quarter 2023 edition of Market Letter titled, “Inflation’s Flame Flickers.” In it, George Hosfield, CFA, addresses narrow market leadership and the impact of higher rates on inflation and asset prices at this stage of the economic cycle. Dean Dordevic examines the paradoxical relationship between market performance and investor sentiment, and Krystal Daibes Higgins, CFA, reports on the two artificial intelligence phases of the job market.