2023 Economic and Capital Markets Outlook

The 2023 Economic and Capital Markets Outlook from Apollo suggests that the key themes of 2022, including high inflation, potential economic recession, and dislocated asset prices, are expected to continue. However, the way in which these themes play out is likely to evolve. The Federal Reserve's rapid increase in monetary restrictions throughout 2022 has started to impact the economy and capital markets through inflation, spending, hiring, and capital expenditures, making it different from the previous year.