Tony Welch, Chief Investment Officer at SignatureFD, presents an overview of some economic and market data to help you sort out the news worth paying attention to from the abundant information the mass media provides.
This month’s topics include:
- 2022 was unique in that both stocks and bonds experienced corrections. The positive implication is that valuations cheapened through the year creating a more attractive future return profile.
- We believe inflation is likely to moderate in 2023, boosting real incomes and potentially resulting in higher consumer confidence. A recession is possible but far from guaranteed.
- A new interest rate environment may mean a new paradigm for investing. The top performing assets of the prior decade may not be the top performing assets in the next.
