In this short video, Joe Davis, Vanguard’s global chief economist, gives a high-level overview of where the global economy and financial markets are likely headed in 2023. Inflation is abating, thanks in part to aggressive interest rate rises by central banks, but it may come at a cost, with recession likely in most developed markets. However, it may not be all bad news for financial markets.

For more information about our 2023 forecasts, or to download the full report, visit Vanguard Economic and Market Outlook for 2023: Beating Back Inflation

 

Beating back inflation, but at what cost?

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Important information

For professional investors only (as defined under the MiFID II Directive) investing for their own account (including management companies (fund of funds) and professional clients investing on behalf of their discretionary clients). In Switzerland for professional investors only. Not to be distributed to the public.

The information contained in this video is not to be regarded as an offer to buy or sell or the solicitation of any offer to buy or sell securities in any jurisdiction where such an offer or solicitation is against the law, or to anyone to whom it is unlawful to make such an offer or solicitation, or if the person making the offer or solicitation is not qualified to do so.  The information in this video does not constitute legal, tax, or investment advice. You must not, therefore, rely on the content of this video when making any investment decisions.

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