2023 Global Market Outlook

The Need for Agility

Elevated geopolitical risks, deglobalization, and changing market structures mean investors should be prepared for higher volatility; but agility can be a source of opportunity amid dislocation.

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2023 Australia Market Outlook

Navigating an expected downturn in earnings.

2023 China Market Outlook

We expect China's recovery to pick up next year. We believe investors should consider adding exposure to a well-balanced portfolio of Chinese stocks for 2023.

2023 Japan Market Outlook

The sustainability of Japan’s accommodative policy stance remains a key focus, but several factors suggest an encouraging near-term outlook for the country.

Four Themes to Watch in 2023

THEME 1

An Economic Balancing Act

The risk of a global recession in 2023 appears elevated, as developed market central banks hike aggressively into slowing economic growth. However, markets may be overestimating the risk of a deep downturn. Read more...

THEME 2

Leaning Against the Wind

Earnings growth estimates for 2023 have started to fall but are still positive, suggesting negative earnings growth could be the next big issue for equity investors. Read more...

THEME 2

The Return of Yield

 

Rising rates have pushed yields in select global fixed income sectors to the most attractive levels in decades, which could offer strong return potential in 2023. Read more...

THEME 2

Deglobalisation of a Connected World

We are seeing a paradigm shift in the global economy that will shape the investment landscape for years to come. Read more...

Additional Insights

December 2022 / VIDEO

The 2023 Inflation Outlook

The 2023 Inflation Outlook

The 2023 Inflation Outlook

Easing inflation may slow or pause Fed hikes, but we believe a rate cut is unlikely...

By Timothy C. Murray

Timothy C. Murray CFA, Capital Markets Strategist

December 2022 / ASSET ALLOCATION VIEWPOINT

The 2023 Inflation Outlook

The 2023 Inflation Outlook

The 2023 Inflation Outlook

Interest rate cut is unlikely if inflation settles above Fed’s target

By Timothy C. Murray

Timothy C. Murray Capital Markets Strategist, Multi‑Asset Division

December 2022 / VIDEO

2023 Global Market Outlook Webinar

2023 Global Market Outlook Webinar

2023 Global Market Outlook Webinar

With volatility ahead, agility can be a great source of opportunity

By Multiple Authors

By Multiple Authors

December 2022 / VIDEO

2023 Global Market Outlook Summary video

2023 Global Market Outlook Summary video

2023 Global Market Outlook Summary video

Ritu Vohora breaks down the 2023 Global Market Outlook in 2 mins.

By Ritu Vohora

Ritu Vohora Investment Specialist, Capital Markets

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202212-2631914

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