In this latest market update, Kevin Quinn, Chief Investment Strategist with Investment Markets, explains how 2023 began with a degree of optimism – with markets expecting that falling inflation may lead to a change in interest rate policy (though Central Banks thought differently). However, events in the banking industry in mid-March overtook inflation/interest rate expectations and become the main market focus. Kevin reviews what happened, the swift actions of authorities to contain the crisis and its impact on returns.
What can we expect for the year ahead?
Looking to the rest of 2023, Kevin outlines what is needed to see a transition from the up-down bear market rallies we have witnessed so often over the last 12 months.
Click here to read Kevin’s March monthly market review.
Click there to watch Kevin’s Q1 2023 market review and outlook video.