After a wild ride in 2022, what’s in store for markets in 2023? Hugo Ste-Marie is the Director of Portfolio and Quantitative Strategy in Equity Research at Scotiabank. In other words, his job is to give investment advice to large, institutional investors and he’ll tell us what trends, potential pitfalls and opportunities he sees for the new year. 

Key moments this episode: 

00:59 — Recap of what 2022 looked like from an investor perspective 

2:24 — A big picture look at 2023, what should investors expect? 

3:33 — What are the main forces driving the market in 2023?  

5:00 — When might the US Federal Reserve stop hiking interest rates? 

6:34 — What about the Bank of Canada? 

7:27 — What advice Hugo gives to his clients heading into 2023 

8:23 — What options are best for institutional investors given how 2023 may shape up 

12:47 — What about global stocks?