Here’s a hint: I did not call it the “401k Investment Committee.” Rename it and repurpose it as the “401k Oversight Committee.”

Green up arrows everywhere as the market inevitably follows a less than optimal 2022 with an optimal 2023. The market cheered the positive chances that the Fed might engineer a “soft landing” meaning no recession while fighting inflation with interest rate hikes.

“The single best economic and financial development in the last 20 years.” says Vanguard.

Here’s the good news: Stocks have delivered rewarding returns in the long run, even after adjusting for inflation.