Through all the challenges, newfound opportunities, and highs and lows we’ve experienced during the last couple of years, it’s no surprise why we might be striving for more balance. Whether it’s about the markets and global economy or what’s happening in our local communities, the news we’re hearing on a daily basis has the potential to disrupt the balance of our lives.

So what can you expect in 2023? 

1. Expect the Fed to find the point where it can stop raising rates as inflation starts to come under control
2. The global economy will likely slow from above 3% to somewhere in the mid-2% range in 2023. An important aspect for investors is that the U.S. appears to have fewer headwinds to growth compared with Europe and other developed economies.
3. Our view is that the Fed will pause during the first quarter of 2023
   amid an improving inflation outlook and loosening job market. Should that occur, stocks will likely move higher, consistent with history.
   Stocks have tended to produce solid gains after hiking cycles end, including a 10% average gain one year later.