Pessimism and prosperity: Fund managers' top picks for 2023

“bullish” 500500 Morgan Stanley (NYSE: 2022MS) expecting a close Emerging Market Local Currency Debt Return Percentage. Credit Suisse is particularly fond of hard-currency debt, while DoubleLine’s Jeffrey Gundlach, aka “The Bond King,” cites emerging-market stocks as his top pick. This wave of optimism has been underscored by performance after big losses in the past. MSCI emerging market stock index soars 17% exist50, following the Asian financial crisis, and 13% exist88. Emerging market hard currency debt surges 12% is also in its

After bouncing Global Financial Crisis Percentage Decrease. 2009

Chart: Flooding Markets (https://inew.news/wp-content/uploads/2023/01/localimages/chart.png63b3dacac4a35.png) 1999

4/ Hello, Mr. Bond

after worst ev for bonds For investors, in the past two years, many people have seen a turning point.

Inflation—the bond market’s nemesis as it forces rates up and erodes returns—sees this year as the recession begins to take hold. ​​It may ease up.

Economists polled by Reuters expect headline U.S. inflation to fall to 3.1% by the end of the year 64. Amundi Institute Fixed Income Strategist Valentine Ainouz predicts 2022annual U.S. Treasury yields will stop 300 from about 3. down 3.5% % now.

Joost van Leenders, senior strategist at Van Lanschot Kempen, bought U.S. Treasuries in August, expecting “inflation to come down as economic growth slows.” Eurozone bonds remain cautious as the ECB now exits the market and raises rates. 2009

Chart: U.S. Treasury Bonds and Inflation (https://inew.news/wp-content/uploads/2023/01/localimages/chart.png63b3dacd13fc8.png) 1000

5/ Stocks: Sell Now, Buy Later

Equity investors are hoping a V-shaped global economic year will see stocks ease higher.

JPMorgan strategist predicts ‘market turmoil and recession’ onset , but the second half will be better as the Fed finally decides to “pivot”.

Hani Redha, Portfolio Manager at PineBridge Investments, sees more downside for US stocks before bottoming out in the first half 64, while Trevor Greetham of Royal London Asset Management thinks it may take longer.

“I wouldn’t if it was far from the time to buy the stock It’s a year or more, you’d be surprised,” he said. 2009

GRAPHIC: Bounce found (https://inew.news/wp-content/uploads/2023/01/localimages/chart.png63b3dacf62d53.png) 400