{"id":27879,"date":"2023-01-09T10:22:01","date_gmt":"2023-01-09T10:22:01","guid":{"rendered":"https:\/\/sarasinandpartners.com\/ie\/?p=27879"},"modified":"2023-01-09T10:22:50","modified_gmt":"2023-01-09T10:22:50","slug":"six-minute-strategy-patience-please-central-banks-are-not-quite-finished","status":"publish","type":"post","link":"https:\/\/sarasinandpartners.com\/ie\/think\/six-minute-strategy-patience-please-central-banks-are-not-quite-finished\/","title":{"rendered":"Six minute strategy – Patience please: central banks are not quite finished"},"content":{"rendered":"
As we\u2019ve said on previous occasions, a return to normality was never going to be easy.<\/span><\/div>\n

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With all major asset classes declining in 2022, last year was anything but plain sailing for investors.<\/span><\/div>\n<\/div>\n
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As we enter 2023, US core consumer prices are down, which suggests that central bank policy is gaining traction. In addition to this, there have been sharp declines in oil and gas prices compared to the beginning of the Russia-Ukraine war.<\/span><\/div>\n<\/div>\n
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Whilst we may be past the peak of the great inflation shock, rising labor costs suggest that getting back to central bank target levels will not be easy.<\/span><\/div>\n<\/div>\n
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In his first strategy update of the year, Guy looks at the factors determining market performance in 2023 and urges patience for now.<\/span><\/div>\n