Economic and market outlook 2023

Mercer expects increased valuations across all asset classes in the next year, despite challenges posed by COVID-19, geopolitical conflicts, higher inflation rates, central bank tightening, and supply chain disruptions. The global economic condition is uncertain, but Mercer suggests that investors can maximise returns and minimise risk by using diversified portfolios, investing in higher-risk asset classes, and adopting a proactive approach to market trends. Investors should be cautious in their planning and approach for 2023.