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Outlook 2023: Navigating the polycrisis

By Richard Edgar Editor in Chief

11 November 2022

There’s some debate about who coined the term 'polycrisis' but it does seem to describe the situation facing investors in 2023. So we’ve made sure there are plenty of helpful steers for readers, as well as analysis from Fidelity’s leading experts in the articles below. I hope you find them useful.

There’s some debate about who coined the term 'polycrisis' but it does seem to describe the situation facing investors in 2023. So we’ve made sure there are plenty of helpful steers for readers, as well as analysis from Fidelity’s leading experts in the articles below. I hope you find them useful.

Outlook 2023: Foreword

Article Outlook 2023: Foreword

An introduction to Fidelity International's 2023 Investment Outlook from Chief Executive Anne Richards

Overview: Rates overshoot risks inflation bust

Article Overview: Rates overshoot risks inflation bust

Inflation has dogged markets this year, but there is a risk that overtightening by central banks will trigger a sharp recession, an 'inflation bust'

Asia’s shifting growth model

Article Asia’s shifting growth model

Will Asian central banks continue to dance to the Fed’s tune?

Outlook 2023: Download the assets

Article Outlook 2023: Download the assets

Find Fidelity International's full 2023 Investment Outlook here

Fidelity's CEO and CIO on how to navigate 2023

Video Fidelity's CEO and CIO on how to navigate 2023

Watch Chief Executive Anne Richards and Chief Investment Officer Andrew McCaffery discuss how investors should be approaching the next 12 months

Macro 2023: What happens next depends on the Fed

Article Macro 2023: What happens next depends on the Fed

The global economy continues to face a confluence of challenges heading into 2023. A recession is likely in the US and near certain in Europe and the UK

Multi asset 2023: Defensive until volatility subsides

Article Multi asset 2023: Defensive until volatility subsides

Volatility will remain high for some time given the complicated investment backdrop

ESG Outlook: Getting real

Article ESG Outlook: Getting real

Sustainable investing has been challenged on many fronts over the last 12 months and we expect conditions to remain volatile in 2023.

Equities 2023: Market uncertainty to remain amid tighter policy

Article Equities 2023: Market uncertainty to remain amid tighter policy

We expect a high degree of volatility for global equities in 2023. However, diverging earnings expectations will present select opportunities

Fixed income 2023: A new era for interest rates

Article Fixed income 2023: A new era for interest rates

Bond yields are finally starting to look attractive again but are they priced for the scale of the downturn ahead?

Private credit may prove a defensive option in 2023

Article Private credit may prove a defensive option in 2023

Although not immune to the wider market volatility, private credit's defensive features and positioning may prove key in 2023

Real estate 2023: Challenges ahead but with potential opportunities

Article Real estate 2023: Challenges ahead but with potential opportunities

A more difficult backdrop could herald a return to rational pricing, while sustainability only likely to become more important

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