Oil plunge, tech collapse and Fed cuts? Strategist shares possible 2023 market ‘surprises’

Crucial Factors

Standard Chartered established out a series of situations that have a “non-zero likelihood” of taking place in 2023 which it states are “underpriced by the markets.”
“A collapse in oil rates and a drop in U.S. technology shares exceeding the 2022 drawdown could not absolutely surprise an previously careful consensus, but the magnitude of the moves would be a shock to the economic method,” the bank’s main strategist explained.

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