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Investors must differentiate between useful information and random market fluctuations in the second half of 2023, as stubborn inflation, tightening financial conditions, a US regional banking crisis, and fading economic growth in the developed economies could affect financial asset performance.
Three themes to watch in the second half of 2023
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WEBINAR
Webinar replay: 2023 Midyear Market Outlook
Listen to our Chief Investment Officers, Arif Husain, Sébastien Page, and Justin Thomson as they share insights on the major themes expected to impact markets over the coming months, investment opportunities and potential risks for the remainder of 2023.
Investment Leaders
Arif Husain
Head of International Fixed Income and
Chief Investment Officer
Sébastien Page
Head of Global Multi-Asset and
Chief Investment Officer
Justin Thomson
Head of International Equity and
Chief Investment Officer
Ritu Vohora
Investment Specialist,
Capital Markets
Regional Outlooks
China Outlook
Recent softness is unlikely to derail 2023’s recovery. We continue to find investment ideas in domestically listed A-shares.
Japan Outlook
Despite heightened macro uncertainty, Japan’s TOPIX Index hit a 33-year high in May—an indication that the Japan story is gaining momentum.
2023 Midyear Tactical Allocation Views
As of May 31, 2023
The tactical allocation views are prepared by the T. Rowe Price Multi-Asset Division.
These views are informed by a subjective assessment of the relative attractiveness of asset classes and subclasses over a 6- to 18-month horizon.
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VIDEO
2023 Midyear Market Outlook Summary
Investment Specialist Ritu Vohora shares important key takeaways from this year’s Midyear Market Outlook in under two minutes.
Sign up to receive our monthly Global Asset Allocation Viewpoints from our Investment Committee
Each month, our Investment Committee prepare a report revealing the two market themes they are watching, their bull and bear views per region and their latest asset class over and underweights.It has been designed to aid you in your decision making and client conversations.
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