2023 Annual Outlook

Seasoned investors wisely learn from the challenges presented by markets over time and look to participate in the good fortune that accompanies participation in recovery. Clever labels such as Black Monday (1987), the dot-com crash (2000-2002), and the infamous Great Financial Crisis (2008-2009) bookmark these difficult moments in time for investors.  

Years from now, it’s possible that 2022 will be remembered by investors as the Great Re-Evaluation. Over the course of last year, U.S. stock and bond market risk premiums were suddenly revalued due to a meteoric rise in overnight rates causing the worst combined returns on record.

For our latest economic and market insights, download our 2023 Annual Outlook report.