A Look Back at 2023: Henry Smith's Perspective

At the beginning of the New Year, everything is updated. With harvest and joy, we are about to send off 2023; With expectations and dreams, we will usher in a brand New Year of 2024.

Looking back on the year 2023 we have gone through together, I think it is: full of expectations and fruitful harvest. In 2022, the global financial market is under the shadow of the US interest rate hike, and investors have suffered heavy losses. Everyone is full of expectations for 2023. In 2023, global inflation continued to fall, central banks around the world slowed down the pace of interest rate hikes, the global stock market was dovish. After May, the AI wave swept the stock market, driving the Australian stock market to new highs.

In the good environment of the upward movement of the global stock market, adhering to the concept of value investment, all our students at LONTON Business School have achieved a lot.

We have not only gained the joy of wealth, but more importantly, we have broadened our vision and learned to look at the current investment market from a macro perspective; If we stand high, we can see further and more clearly!

The Times are changing, the years are changing, everything is constantly evolving; Entering the brand New Year of 2024, multiple downward economic cycles are superimposed, which doomed the ups and downs of the global financial market. The global geopolitical instability has also added a lot of uncertainties to the stock market.

Are you fully prepared for the coming waves? I think only change, change our past thinking, we can go against the current, to forge ahead in the difficult situation, in the crisis, to grasp the opportunity of wealth, market wealth counterattack.

As long as we look at problems from a macro perspective, we deeply analyze the underlying logic of global economic development, we arm ourselves with knowledge, we always maintain awe for the market, and we trust each other and forge ahead together. I believe that we will be able to pass through the chaotic economic cycle together, and we will be the big winners in life. In 2024, let’s be together!

When the wind blows, the tide comes to the top. The first ray of sunshine of the New Year is the call to set sail, but also the inspiring horn, let us set sail together, on the new journey to ride the wind and waves, brave tide head!

Finally, I wish you all have a happy New Year, good health and good luck!!

Dr. Henry Smith was born in Melbourne, Australia in 1979. He moved to the United States with his parents in middle school. He received the bachelor’s degree in finance from Columbia University. He received the M.S. and Ph.D. degrees in applied Mathematics from the University of Pennsylvania

Credentials:

Certified Financial Analyst (CFA), Certified Management Accountant (CMA), Certified Public Accountant (CPA). He has worked in Goldman Sachs and blackrock, mainly responsible for investment business in Hong Kong, and is now responsible for Lonton Wealth Management Center LTD (Lonton Wealth Management Company) in Australia.