We take this opportunity to wish you a very Happy New Year from the team at Bourse! This week, we review the performance of local and international stock markets for 2023. T&T and major regional markets were broadly lower in a year influenced by weaker investor sentiment. International equities, meanwhile, had a stellar 2023 after a challenging prior year. Resilient growth, cooling inflation trends and the increased likelihood US interest rate cuts were all supportive of international markets, despite ongoing geopolitical tensions. Will markets maintain trend into 2024, or could new developments and/or changes in investor sentiment change their course?