Five things investors should be prepared for in 2023
By Robbie Lawther, 11 Jan 23
Inflation and interest rates still high on the agenda
Sentiment will stink, until it doesn’t
Henry added: “Sentiment is pretty grim at the moment. Consensus thinking expects a recession and a subsequent, as yet unclear, knock-on impact to company earnings.
“The nature of the stock market means that what matters in the short term is whether the news is better or worse than current expectations.
It’s all relative, and the bar for relative positive surprises is low. Historically buying at times of negativity has usually been a good idea.
“By the time the narrative improves and the ‘dust settles’ it is almost always too late, and the market has run up hard.
Tags: Quilter Cheviot
