Despite being marred by the macroeconomic headwinds and heavy losses last year, the stock market has embarked on a recovery so far in 2023. In the past three months, equities have cheered the early signs of disinflation, leading investors to hope for an end to the Fed’s aggressive interest rate-hiking cycle.
While recession warnings and layoffs dominate the news of late, market experts believe the market will likely rally in 2023. According to Bloomberg, renowned investment firms believe that the stock market this year could bring big gains for investors if they get the market right. Their optimism stems from the easing inflation, evident from the recent economic data.
