Prepare slack Inflation is the main threat International Economy In 2023, according to investors who said that hopes for a recovery following the violent decline this year are premature.
Nearly half of the 388 respondents to the most recent MLIV Plus survey said that a scenario in which growth continues to decline while remaining inflation High will dominate the world next year. The second most likely outcome is deflationary stagnation, while the economic recovery scenario with increased inflation is the least likely.
The results point to another challenging year ahead for risk assets following central bank tightening, higher inflation and the impact of Russia’s invasion of Ukraine, which resulted in the worst stock market downturn since the global financial crisis.
Wall Street rules out the “soft landing” dream, with 92% betting on stagflation
Against this gloomy economic background and with a rebound Stock During the last quarter of this year, more than 60% of respondents confirmed that investors around the world are still quite optimistic regarding asset prices.
“The year ahead remains challenging, and stagflation certainly represents the outlook at the moment,” said Nicole Kornitzer, portfolio manager at Buffalo International, a subsidiary of Kornitzer Capital Management, which oversees $6 billion in asset management. “.
