Will investors have another awful year in 2023?
There is a lot of unfounded optimism about
After a nightmarish 2022, shell-shocked investors have losses to recoup and plenty to ponder. There are asset-class allocations to be made, industries to favour or shun and every economic variable under the sun to forecast. Professional money managers have the extra headache of working out how to stop nervous clients racing for the exits. But one question dominates the rest, and it is the impossible one that looms over every crash. Is the worst over?
This article appeared in the Finance & economics section of the print edition under the headline “Once more, with feeling”
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