Five Scenarios That Threaten More Strife for Global Markets
- Persistently high inflation looms as a key risk for 2023
- No certainty Covid will keep receding as variants emerge
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After the worst year for global stocks in more than a decade, and a rout in bonds that’s unmatched this century, some investors aren’t prepared to take anything for granted in 2023.
While optimists are betting on central banks pivoting to interest rate cuts, along with China fully emerging from its Covid isolation and conflict in Europe abating, others are on the lookout for risks that may throw markets back into turmoil.