Versatility and agility were critical to navigating volatile markets in 2022, when aggressive central bank interest rate hikes to tame surging inflation fueled uncertainty in the global economy. With inflation and geopolitical risks still high and the economic outlook still questionable, Michael Dicks, Chief Economist and Deputy Head of Research at PGIM Wadhwani, expects investors will need to remain nimble in 2023 and quickly adjust to rapidly changing markets.
