Latest News

Is 2023 going to be a better year for global markets?


November 21, 2022 ( Newswire) The year ahead promises to be much more positive for markets, after the turbulence of 2022, predicts the CEO of one of the world’s largest independent financial advisory, asset management and fintech organizations.

The bullish prediction for 2023 by Nigel Green, chief executive of deVere Group, comes as investors look ahead after a rough year for markets triggered by headwinds, which included Russia’s war in Ukraine, broad inflationary pressures, a global economic slowdown, a strong dollar, and ongoing supply chain issues, amongst other factors.

He notes: “After an astonishing bull run of 13 years, financial markets went into bear territory in 2022 amid increasing global volatility, creating a pretty grim environment.

“However, the landscape is already looking brighter for the year ahead. We expect some key market, macro and policy shifts that will provide a significantly more positive outlook for investors in 2023.”

There are four major tailwinds that will excite the global financial markets, says the deVere CEO.

First, inflation is likely to peak in most major economies. “As inflation begins a return to target, the cost of living will drop for consumers and central banks will ease their feet off the economic brakes, going easier on interest rate hikes before winding down.

“We saw how positively – and how quickly – markets reacted to the better-than-expected U.S. inflation print last week.”

Second, the low valuations. “Market volatility has lowered valuations of some high-quality equities, which can create better long-term investment opportunities and generate higher income for investors.

“In many cases, they will be currently viewing this backdrop as a buying opportunity to top-up their portfolios,” notes Nigel Green.

Third, the digitalization of business models continues apace. “The momentum is continuing to build. This will help increase efficiency, increase productivity, lower operational costs, improve customer experience, improve competitive advantage, and improve speed and outcomes of decision making.”

And fourth, the dollar. “Worried about a global recession, investors have piled into the dollar looking for a safe haven. This has negatively impacted both developed and emerging markets globally, fuelling inflation and raising the cost of imported goods. It has also added to the need for some central banks around the world to tighten their own financial conditions. But we expect the dollar strength to peak in mid-2023.”

The deVere CEO continues: “Inflation will still be an issue for a while to come. You should take a look at stocks that are likely to be recession-resistant. For example, people will still need food, energy and financial services during a downturn. These sectors should do well.

“But it is likely that investors will be seeking to increase exposure to growth stocks towards the end of 2023 as cost of living eases and global growth picks up pace.”

He concludes: “It’s been a rough ride in 2022 for the markets, but the indications are such that we expect more favorable conditions for the year ahead, and increasingly so, as we move through 2023.”

t: +44 207 1220 925
Twitter: @PriorConsults

deVere Group is one of the world’s largest independent advisors of specialist global financial solutions to international, local mass affluent, and high-net-worth clients. It has a network of more than 70 offices across the world, over 80,000 clients and $12bn under advisement.

More Info:

This news is published on the Newswire – a global digital news source for investors and business leaders

Disclaimer/Disclosure: is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investing involves risk and possible losses. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. Contact management and IR of each company directly regarding specific questions.

More disclaimer info: Learn more about publishing your news release and our other news services on the newswire and

Global investors must adhere to regulations of each country. Please read privacy policy:

Hydrogen Stock News: First Hydrogen (TSXV: FHYD) Completes Successful Track Run in UK

Previous article

Fake Breakdown

Next article

You may also like


Leave a reply

Your email address will not be published. Required fields are marked *

More in Latest News