Post by rojonirabeya1 on Mar 9, 2024 23:10:14 GMT -5
In 2023, not much is expected other than less dramatic falls than those seen last year . Although what is going to happen in the markets (as always) remains an unknown and , with the current economic situation , there is possibly less consensus than ever . Some analysts believe the worst is yet to come and that even defensive stocks will be affected by economic developments in 2023 . Others are more optimistic and trust that, starting in the second quarter, activity in the markets will recover and there will be a small correction in monetary policy . That is, despite potential short-term losses, there is a happy ending for the stock market in 2023. 3 tips that will make you a super communicator who masters all types of conversations: practical, emotional and social "2023 is going to be a year to see them coming , " financial analyst Eduardo Bolinches says in an interview with Business Insider Spain.
We are finally going to find out if we enter a recession or save it, both in the United States and in Europe." Although falls are part of the cycle, the reasons why the downward trend in 2022 drags on next year increases investor disappointment . Inflation will moderate , but it will remain far from 2% and interest rates will continue to exert pressure on prices. "Neither Asia Phone Number List we nor they themselves know how far the interest rate increases will have to go . Nor do we expect to see immediate rate cuts to the minimum that we see inflation moderate," said Sonsoles Castillo, chief economist for Economic Analysis and BBVA Financial Director, at the Annual Financial Management Congress (DIRFCON) 2022. In this scenario, if central banks see it necessary, recession could be the only solution to meet their price stability objective, as Business Insider Spain had previously reported. To date, the International Monetary Fund (IMF) estimates that a third of economies will enter a recession in 2023.
But not the Spanish one . Markets are already celebrating the correction of interest rates, but are not prepared for the impact of the recession There is no clue that interest rates will be corrected downwards in 2023. However, it is something that the most optimistic are counting on, because at the rate at which inflation moderates and a recession looms, central banks They're going to have to take their foot off the accelerator . "Interest rates are going to continue rising, but the market celebrates as if they were already going down. Why? Because they are seeing the recession. This recession is going to force interest rates to go down ," says Bolinches. " Everyone hopes that there will be a small downward correction in interest rates and that then the rates will encourage the market a little more. But it is a macro reading from a micro point of view," adds Jose Antonio Sánchez-Dafos, commercial partner of Latham & Watkins in Spain and Portugal. The lawyer who led the team behind the sale of Glovo to livery Hero believes that there is some optimism on the part of the operators that the market will be relaunched in one or two quarters.