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Global investment bank strategists diagnosed that “don’t invest in forecasts, drastic changes will come” in the outlook for next year’s economic downturn, and service inflation and wage hikes were pointed out as the biggest variables. The New York Times said of investing next year, “Accept that you have to invest without knowing what will happen to your money in the short term, and first set asi..

In preparation for next year's economic recession, American investors have put forward their preferred targets in the stock market as 'small-cap stocks, British stocks, and gold'. US investment banks and private equity fund managers, including JP Morgan, Citi and BlackRock, believed in the possibility of a recession in 2023, saying, “a massive monetary tightening by the Fed, a sharp slowdown in ..