The Year of None Recovery?
Despite this year’s market havoc, investors are feeling fairly optimistic going into 2023, according to a new CNBC Delivering Alpha investor survey.
Four out of 10 predict that the S&P 500 will rise 6% to 10% next year. Nearly 2 in 10 are calling for gains between 11% and 19%. Meanwhile, 6% are calling for stocks to jump by more than 20%, which would wipe out this year’s losses for the S&P 500, which is poised to end 2022 lower by 19%.
The Fed Policy is definitely the biggest concern of the market, CNBC's survey resulted with 73% confirming these concerns, 12% are concerned of a chinese invasion of Taiwan, 6% is as well resulted to China in regards to COVID. We do see a drop in concerns related to the Russian/Ukranian conflict.
Key investing themes will and should focus on value over growth in the new year., Energy will be a favorite in 2023, with a split between High dividend stocks, financial names and Health Care companies, which saw a decline of 31% in interest in comparison to that of 2021.
Amazon and Alphabet will continue leading the long term holds, while Netflix and Meta are still struggling with their issues of finding stability post struggling market decision.
Finally, i don’t expect money managers to wholeheartedly embrace cryptocurrency in the new year, FTX's drop, and the whole FTX/Binance saga crucially highlighted the lack of governance which keeps this industry at high volatility.
Four out of 10 predict that the S&P 500 will rise 6% to 10% next year. Nearly 2 in 10 are calling for gains between 11% and 19%. Meanwhile, 6% are calling for stocks to jump by more than 20%, which would wipe out this year’s losses for the S&P 500, which is poised to end 2022 lower by 19%.
The Fed Policy is definitely the biggest concern of the market, CNBC's survey resulted with 73% confirming these concerns, 12% are concerned of a chinese invasion of Taiwan, 6% is as well resulted to China in regards to COVID. We do see a drop in concerns related to the Russian/Ukranian conflict.
Key investing themes will and should focus on value over growth in the new year., Energy will be a favorite in 2023, with a split between High dividend stocks, financial names and Health Care companies, which saw a decline of 31% in interest in comparison to that of 2021.
Amazon and Alphabet will continue leading the long term holds, while Netflix and Meta are still struggling with their issues of finding stability post struggling market decision.
Finally, i don’t expect money managers to wholeheartedly embrace cryptocurrency in the new year, FTX's drop, and the whole FTX/Binance saga crucially highlighted the lack of governance which keeps this industry at high volatility.
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