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2023 will be the beginning of the end for USD strength. Thus, strategists at Société Générale believe that Gold exposure is set to provide great returns.
Fixed income to do better than equities
“Gold can offer protection against systemic risk.”
“Continue rebalancing away from the USD. Gold will be a powerful protection against a falling USD.”
“2023 will be the year of several pivots, and overall, we expect higher returns than in 2022.”
“We see fixed income (both sovereign and credit) doing better than equities.”