J.P. Morgan - 2023 Market Outlook: Stocks Set to Fall Near-Term as Economic Growth Slows

J.P. Morgan predicts mixed fortunes for equities and other high-risk investments in the year 2023. While central banks will probably indicate a rate cut in the future, resulting in a stable economic recovery and asset price growth towards the end of that year, it will happen only after a period of economic weakness, market volatility, increasing unemployment, reduced levels of risky assets, and lower inflation rates. Thus, the report predicts a downside to these asset classes in the short run.