🗠MIDYEAR OUTLOOK 2023
LPL Financial Research Midyear Outlook 2023:
The Path Toward Stability
Our 2023 investing outlook started with a theme of returning to normalcy. Considering 2022’s market volatility and the aftereffects of the pandemic, the idea of finding balance was certainly a welcomed change. It’s a theme we could all embrace six months ago and what we will continue to rally around through year-end. That’s not to say that 2023 hasn’t come with its challenges. Two regional banks failed rapidly in March—and another closed in May. Collectively representing over $530 billion in assets, the trio ranks second, third, and fourth largest bank failures. We also held our breath as a last-minute deal to raise the debt limit came together as the clock ticked closer to default. Despite the market gyrations these events caused and the banking sector still on tenterhooks, the overall financial system seems stable.
The insights in LPL Research’s Midyear Outlook 2023: The Path Toward Stability will help position investors, along with guidance from their financial professionals, to achieve their goals by providing guidance and actionable insights as the second half of 2023 unfolds.
