Market outlook 2023: Is the glass half full or half empty?

Time to acknowledge the 'foggy nature' of current conditions

clock • 3 min read

Many key data points in markets right now can be interpreted in one of two ways, writes Laith Khalaf. So should we be glass half full or half empty?

Markets have started the year on the front foot, buoyed by the opening up of the Chinese economy, a fall in European gas prices, and the prospect of central banks starting to ease back on interest rate rises. Despite this, the backdrop is not entirely rosy, though arguably it's an improvement from last year, as we are starting to see the light at the end of the inflationary tunnel. But you can look at many of the key data points in markets right now and question whether the glass is half full or rather half empty. Across the pond Take the US stock market, for instance. Share prices ...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Economics / Markets

OBR chair says leak could have come from 'external person'

OBR chair says leak could have come from 'external person'

OBR faces scrutiny after key document shared before Budget

Jen Frost
clock 27 November 2025 • 2 min read
Budget 25: Early OBR reports downgrades UK growth outlook as fiscal headroom doubles

Budget 25: Early OBR reports downgrades UK growth outlook as fiscal headroom doubles

OBR report released in 'unprecedented leak'

Patrick Brusnahan
clock 26 November 2025 • 1 min read
Budget 25: Council tax surcharge for £2m properties revealed

Budget 25: Council tax surcharge for £2m properties revealed

High Value Council Tax Surcharge in place from April 2028

Jen Frost
clock 26 November 2025 • 2 min read