Recapping a Wild 2022 & Looking Ahead to 2023

The Holidays bring lots of gifts, and one that we look forward to each year in the financial world is the upcoming year’s forecasts. On this week’s episode, Greg and Doug examine and discuss 2023 outlooks from several of the world’s largest asset managers. The guys take stock of a wild 2022, give their own predictions for next year, and debate how recency bias annually plays into these prognostications.

Key Takeaways

[01:33] - BlackRock’s 2023 Global Outlook [04:30] - Historical rebounds after market declines [05:34] - 10-Year Bonds vs. CDs [08:00] - Vanguard 2023 bond market outlook [10:35] - International markets and the Euro vs. the Dollar [13:34] - JP Morgan 2023 outlook [17:28] - Today’s price of oil [18:00] - Our takeaways from these 2023 predictions [20:00] - Bonds from the long-term planning perspective [21:22] - 2023 market predictions [24:17] - Next year’s housing market [26:39] - How recency bias affects forecasts

Quotes