In this short video, Vanguard’s global chief economist, Joe Davis, discusses what lies ahead in 2023.
Joe Davis, Vanguard’s global chief economist, gives a high-level overview of where global markets and the global economy are likely headed next.
Inflation is abating, thanks in part to aggressive interest rate rises, but it may come at a cost, with recession likely in most developed markets.
Still, as he explains, it may not be all bad news for financial markets.
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