The expected projections for the world economy in 2023 from JO Morgan Chase & Co. have been published. The main news points to a stabilization of the markets despite the slowdown in economic growth.
US bank analysts estimate a decline in inflation in view of a necessary and forced containment in the increase in interest rates by central banks.
JP Morgan forecasts a positive year in the stocks and bonds arena. “Precisely because markets are so battered, lower equity valuations and higher bond yields, in our view, mean that investors now enjoy the most attractive entry point for a traditional portfolio in more than a decade.”
They estimate a high potential for protection, yield and capital appreciation thanks to basic fixed income.
As for the employment sector, analysts predict that it will be marked by an increase in the demand of workforce, which will impact unemployment.
“More companies are likely to freeze hiring or lay off workers to cut costs,” the document says.
(Photo: venturebeat.com, via web)