2023年度展望

Investors should not expect much relief from volatility
2023年或许仍是市场波动的一年

Transition to world of quantitative tightening will lead to reduced liquidity, capital rationing and persistent swings in asset prices
沃尔什:市场正进入盘整期,特点是流动性减少、资本配给和资产价格持续波动,我们认为现在是主动管理者开始防御性配置的好时机。

The writer is chief investment officer for Guggenheim Partners Investment Management2022 was such a white-knuckle year for interest rates and market valuations. Investors should be forgiven for hoping that 2023 will be different. It will be different, but they should not expect much relief from volatility.

本文作者是古根海姆合伙投资管理公司(Guggenheim Partners Investment Management)首席投资官

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