Home builders and Chinese tech: Can these beaten-down stocks beat the S&P 500 in 2023?

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The Philadelphia Inquirer

With the benchmark S&P 500 stock index down 18% and the major U.S. bond indexes down 13% for 2022 — a rare double-slam against the plainest of investments — January is a good time for investor self-recriminations about what we might have done differently, if we’d only seen this coming. Looking ahead, in his daily note to clients Tuesday, Matt Topley, the boss at Lansing Street Advisors in Ambler, made his annual Trades to Watch suggestions about funds he thinks are due to gain value — warning first that “everyone is bearish,” and U.S. stocks even after falling last year are still “not cheap.” …

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