Finally, some green among most asset classes!
The first quarter of 2023 finished on a positive note with most asset classes seeing gains. It represented a much appreciated reprieve from an otherwise broad-based decline that we saw throughout all of 2022 with only a few asset classes being spared. It was a welcome start when it comes to the (eventual) recovery in the broader markets. Ultimately, a continued rise in rates poses some challenges still. Markets are forward-looking instruments, so investors are evaluating what things may look like for the remainder of 2023 and beyond.
Read on as we discuss banks, interest rates and where we go from here.