How are stocks expected to perform in 2023? - Capital Street FX
Last year global stocks had their worst year since 2008. World stock market capitalization fell nearly 20% which, in recent history, was only eclipsed by the near 50% drop in 2008. However, it should be remembered that the decline followed unprecedented levels of fiscal stimulus from governments and years of low-interest rates from central banks. STOCKS TO FALL FURTHER IN 2023 H1? According to a Bloomberg News survey of 134 fund managers, investors are expecting a 10% rebound in global equities for 2023. However, around half of those investors saw a deep recession as a concern and that high inflation could hurt stocks again. Remember that global inflation is above 8% right now. Read More