150 Wealth Creators 2023
DSIJ 150 : The Method and The Logic
After a rather volatile 2022 for equity markets given the negative circumstances, the year 2023 looks like yet another year where the outlook is not clear and headroom is visible in terms of geopolitical tensions and the rising interest rates owing to stubborn inflation. Yogesh Supekar discusses the market outlook for the current year 2023 while celebrating the success stories (stocks) of 2022
The year 2022 was full of contradictions in the sense that the equity prices behaved quite opposite to the conditions on ground. If you thought the corona virus-triggered pandemic was bad, the Russia-Ukraine conflict which is still going on by the way disrupted the global supply chain and ensured that global economy suffers. The tough and unfriendly decision for equity markets on tightening interest rate was seen necessary by the central banks of most countries to tame inflation in 2022. Growth was put on the backburner and the focus globally was to tame the monster of inflation.