Shoppers on New York’s 5th Avenue on Black Friday. Although recession is expected in the first half of 2023 in the US, a better year is ahead for investors, with opportunities for income-focused investing. Photo: Bloomberg
Opinion
Opinion
Macroscope
Even with recession looming, 2023 will be a better year for investors
- The force and speed of monetary tightening may have been a shock but with the conditions for inflation easing, we are close to a peak in the interest rate cycle
- As yields rise, the outlook for bonds will improve, while the peak in rates will also be good news for the equity market
Shoppers on New York’s 5th Avenue on Black Friday. Although recession is expected in the first half of 2023 in the US, a better year is ahead for investors, with opportunities for income-focused investing. Photo: Bloomberg
