The global economic slowdown has left many investors wondering about their portfolios, and about the future of the equity markets. Now, investment advisors are saying that in spite of the current situation, they are expecting double-digit returns in 2023.
Daily Voice recently interviewed several investment advisors, who unanimously predicted that the markets will eventually recover and that double-digit returns are in the future. According to them, the effects of the global slowdown will lead to a slow recovery over the next two years, which will then accelerate as confidence and stability return to the markets.
The advisors all noted that the current market conditions are not ideal for long-term investment, and that investors should focus on short-term investment and risk management. However, they also noted that there is potential for growth in the long-term, and that investors should take advantage of it.