Will the World End in 2023?
Before we begin, the LifePro Asset Management team would like to wish everyone a Merry Christmas, Happy Holidays, and a very joyful New Year! We know that it’s been an incredibly challenging year for growth investors, but rest assured that we are working 24/7 to help make 2023 a year of recovery.
For the last update of 2022, we will address the overwhelming pessimism that dominates the political, economic, and investor narrative today. While it’s understandable to be scared after a year like 2022, it’s just as important to understand where your emotions stand relative to the crowd and then ask yourself, “do crowds ever make money over the long term?” We will break down the most crowded investment views for 2023 versus what we believe the market is trying to tell us in the price action.
Key Takeaways:
- We believe future areas of leadership tend to bottom ahead of the overall market
- Our thoughts on what we think is a generational shift away from the top of the market to smaller sectors
- We think unloved areas of the market from 2010 to 2021 are showing signs of leadership
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