Put your portfolio on an even keel in 2023
Watching the Fed and market movements are untenable for long-term portfolios; aim for a resilient portfolio that may not shoot for the stars and does not fall as badly as markets
Genevieve Cua
EVERY year seems to fly by at a faster pace than previous years. But as an investment year, 2022 may well count as a year that overstayed its welcome.
Will 2023 prove a turning point to last year’s poor showing? While the war in Ukraine continues unabated, some things have changed. China is in the early stages of reopening its economy, raising hopes for a softer economic landing in Asia.
US inflation also shows signs that it may have cooled. Consumer prices in the US rose 6.5 per cent in December, the slowest pace since October 2021, and the sixth consecutive monthly decline.
TRENDING NOW
Palm oil stocks set to surge as Indonesia said to be scaling back export overhaul: analysts
Malaysian tycoon Vincent Tan’s sell-downs point to pruning rather than an exit plan
Chasing global capital: South-east Asia markets turn to ‘value up’ reforms
Lamborghini-driving boss of Eminent Frog Porridge charged with S$3.8 million tax evasion, money laundering