The US stock market is showing signs of unprecedented resilience, defying expectations of several analysts and hedge fund managers, including the Big Short Michael Burry, who recently said in a tweet .
On January 11, 2023, Goldman Sachs Asset Management, which is the fund division of Goldman Sachs, disclosed that it raised $1.6 billion for its initial private equity fund that concentrates on investing.
Energy stocks had an unimpressive start of 2023 as investors began to pile into growth and tech stocks amid hopes that the Federal Reserve might pause interest rate hikes.