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Outlook 2023 – the year of the cool-down
Monetary policy tightening brings US and European economies close to a grinding halt, while in China, the outlook is determined by politics, not the economy. After the valuation reset across asset classes in 2022, we expect a further cool-down in growth and inflation for 2023, which is the right time to lock in attractive yields while looking for assets that will benefit from a recovery into 2024 as the year progresses
December 30, 2022
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