Global Investment Strategy Outlook 2023 | Latest Global Market
WHAT DEVELOPING MARKET INVESTORS SHOULD BE ON THE LOOKOUT FOR IN 2023 It has been a rough 12 months for emerging markets that have seen more governments stumble into default, currencies suffer, and double-digit losses in stocks and bonds alike – though many investors are optimistic that 2023 could bring some relief. Below are the events, trends, and topics investors expect to shape the outlook for emerging markets next year. 1/ HIGH RATES, LOW GROWTH A slowing pace of interest rate hikes in the United States and other major economies could set the stage for an emerging markets recovery in 2023, with a softer dollar and falling inflation providing sought relief. Developing economies are expected to cling to their growth differential over developed peers. Still, recession fears in the United States, as well as Europe, are casting a pall over global markets generally – especially in the first half of the year. “The economic downturns along with the aggressive monetary tightening and...