A recession will probably arrive before the end of the year, but there could be advantages to staying invested
The average advisor managed to grow their business while facing market headwinds
Expectations for business performance remain well below pre-pandemic levels
Obstacles remain, but companies were less worried in early 2023
Businesses and consumers expect inflation to remain elevated in the short term and ease within five years
Investors may experience more pain, at least in the first half
Businesses expect to raise prices more slowly and for wage increases to soften
Labour and cost challenges ebbed slightly in August
The lending agency now forecasts the global economy will expand 4.4% in 2022
Business owners' investment plans and sales expectations exceed pre-pandemic levels, the research says