2022 has been a tough year for investors, as both bonds and equities experienced significant repricing as the environment of rising interest rates, persistent inflation pressures and geopolitical conflicts hit investor confidence. For bonds in particular, 2022 was their worst annual performance in a century. All this means that hopes for some respite in the near future are high. In 2023, inflation and Central Bank responses to this will continue to dominate investor agenda, alongside concerns over the energy crisis in Europe, recovery in China and global geopolitical tensions.
Swaha Pattanaik talks Monica Defend, Head of Amundi Institute, to explore some of the key themes to look out for in 2023 and whether investors finally have some reasons to be positive.
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