World’s top money managers see global stocks recovering in 2023

World’s top money managers see global stocks recovering in 2023
Pia Haak, chief investment officer at Swedbank Robur, says there's better visibility going into 2023. (Image: Swedbank)
Bloomberg
By Sagarika Jaisinghani, Jan-Patrick Barnert and Jeanny Yu Some of the world's biggest investors predict that stocks will see low double-digit gains next year, which would bring relief after global equities suffered their worst loss since 2008.Amid recent optimism that inflation has peaked – and that the Federal Reserve could soon start to change its tone – 71% of respondents in a Bloomberg News survey expect equities to rise, versus 19% forecasting declines. For those seeing gains, the average response was a 10% return.The...

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