Episode 14: A Look Back At 2022 And The 2023 Outlook With Tom Pewtress And Jabir Sardharwalla
We revisit 2022 before we then look at what the markets may have in store for us in 2023.
It’s already the middle of January and for many of us we are in full swing of those New Years intentions. This week though we revisit 2022 before we then look at what the markets may have in store for us in 2023.
I’m Tom Pewtress and this week I’ll be joined by Jabir Sardharwalla, Skybound Capital’s Chief Strategist.
2022 was definitely a memorable year, however, for all the wrong reasons. I don’t think anyone could have guessed all the events that would unfold throughout the year.
The year started off with inflation on the rise which continued throughout the best part of 2022. This forced central banks to raise interest rates and only towards the end of the year could we see signs of a possible reversal in inflation. The Russia-Ukraine war unleashed geopolitical instability throughout the globe. Stubborn covid lockdowns in China, following recent unrests, have only recently been lifted triggering a spread of covid and numerous deaths. The UK had 3 different Prime Ministers throughout the course of 2022 bringing with it uncertainties to the economy. We witnessed worker unrest and persistent strike and industrial action for inflation-linked wages. This has all contributed and led to continued recession worries nearing the end of 2022. All of this as many of us know had global markets wobbling at the knees.
So at this point I’ like to welcome Jabir, thanks for joining me today.
Were there any winners and who were the biggest losers?
What happened to Bonds in this time of uncertainty? Aren’t they our go to safe haven?
Towards the end of the year though there appeared to be some light at the end of a very dark tunnel. Inflation in the US started to subside by the looks of it?
What is our economic outlook for 2023?
This was recorded on the 17th January 2023 and all information was correct at the time of recording.
As always this podcast is for educational purposes only and is not a personal recommendation. If you’re unsure what’s right for you, you should seek advice. Past performance isn’t a guide to the future, and investments rise and fall in value so you could get back less that you invest.