I will do a more thorough financial article and ERM portfolio review on the Dr Wealth blog for 2023 in the upcoming week, but I will briefly talk about what I hope to happen in 2023.
The current backdrop is that interest rates are still rising. While the rate of interest rise is slowing down, we are not sure when the rates will stop and how long the increased rates will be sustained. The current projection is around 5%. The pace of rate rises can be affected as China opens up and production ramps up production again, which should spike oil prices worldwide.
This will have an impact on what will happen to me in 2023 :
a) Investment outlook for 2023 does not look great, even for defensive investors.
The first impact is that I will have to brace for poor returns for
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