Institutioneel beleggen / Macro Insights
Macro Insights Q2 2023
We believe a new bull market is near or already underway. Equities that fell the most during the downturn have led the recovery so far, but this “bounce effect” has a limited lifespan. If an economic downturn arrives in 2023, widespread recession expectations likely mute its impact, and dour sentiment regarding inflation, falling earnings and US regional banking problems helps set the stage for positive surprise and strong equity returns going forward.
*The foregoing information constitutes the views of Fisher Investments based on information believed to be reliable. There can be no assurances that Fisher Investments will continue to hold these views. These views may change at any time based on new information, analysis, or reconsideration.
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