Big Money Pros Are Split on the Outlook for Stocks. But They Are Fans of Bonds.
In 2023, investors are navigating a complex landscape marked by volatile stock markets, surging bond yields, and economic uncertainty. Professional money managers have varying outlooks, with some feeling optimistic, some adopting a neutral stance, and others expressing bearish sentiments toward stocks. They are leaning towards value stocks and high-quality bonds as safe havens. Matt Dmytryszyn, Chief Investment Officer, says that he prefers bonds, especially when stocks are trading at high valuations.