As is customary in the latter half of the fourth quarter, market strategists and economists across Wall Street have been publishing year-ahead outlooks...
As is customary in the latter half of the fourth quarter, market strategists and economists across Wall Street have been publishing year-ahead outlooks outlining the top trades and themes across markets for the year ahead.
Some of the biggest themes for markets include the notion that markets won’t turn “risk on” until midyear, that a global recession is all but inevitable, and the notion that China’s economic reopening after years of COVID-19-inspired lockdowns could have major ramifications for commodities, particularly industrial metals.
Expect a decline in rates by year-end BofA expects the Treasury yield curve to dis-invert while rates volatility falls. By the end of the year, credit strategists estimate yields on both two-year notes and 10-year notes will end at 3.25%. Sectors hurt by rising rates in 2022 may benefit in 2023, according to BofA rates strategist Mark Cabana.
Industrial metals get a boost In particular, copper prices could rise by 20% next year. “Recessions in key markets are a headwind, but China reopening, a peaking dollar and especially an acceleration of renewables investment more than offset these negative factors,” said Michael Widmer, senior metals strategist.
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
Trim Pickings: 2023 Nissan Rogue vs. 2023 Toyota RAV4The base models of the Nissan Rogue S and Toyota RAV4 LE are priced within $255 of each other, making for very close competition. Both of these models are well equipped with feature highlights that include LED headlights, tinted rear windows, cloth upholstery, satellite radio, and Apple CarPlay and Android Auto compatibility. On the safety front, both SUVs include a forward collision warning with automatic emergency braking system and automatic high-beam headlights.
Consulte Mais informação »
Another Major Psychedelic Conference Is Coming to DenverPsychedelic Science is the second major psychedelic conference to announce an event in Denver next year.
Consulte Mais informação »
Social Security update: SSI recipients to get first 2023 payment of $914 on Dec. 30Supplemental Security Income beneficiaries are only a few weeks away from the second of two payments to be distributed in December because of a scheduling quirk, with the checks being worth a combined total of $1,755.
Consulte Mais informação »
2023 Preview: 7 Trucks we're looking to pick up next yearThere\u0027s a lot of new rigs set to debut in 2023, with the list ranging from entry\u002Dlevel workhorses\u003B to powerhouse EVs
Consulte Mais informação »
Tom Brady leaving ‘all options on the table’ for 2023 free agencyTom Brady leaving 'all options on the table' for 2023 free agency
Consulte Mais informação »